Cohort Capital has provided a £20m ($26.6m) bridging finance facility for the purchase of The Lancaster, a Grade II listed hotel overlooking Hyde Park in London, UK. Details regarding the new owner have not been disclosed. The 54-room property, which covers 41,371ft², was designed by a British architect in the mid-1800s, is set for redevelopment. The new owner is currently considering various options for the site. The options include converting the hotel into a 67-room boutique, developing 64 serviced ...