Real estate finance

Our experience extends from acting for lenders and borrowers on facilities made available for investment and development properties and portfolios, to structured and tax-based financings and funds.

Liaising with our banking and finance, corporate, construction and tax teams, we provide an integrated service to devise complex tax-driven structures, often with overseas lending institutions.  Recently we have been involved in restructuring facilities and property transactions which have become distressed.

Our clients include banks, funds institutional and private investors and corporates, for whom we act on financings for property and property-related businesses. These include funds holding property or related assets such as hotels and care homes.

Experience

A UK regional hotel property fund
Advising on a proposed £115 million acquisition and capital expenditure facility to be arranged by a UK clearing bank.

£100 million+ mixed-use development of a Derby city centre site
Advising on a number of real estate aspects, including negotiating senior debt facilities of £58 million and advising on the highways contract, two-stage design and build contract and professional appointments.

Establishment of major property investment group’s UK limited partnership
Advising on the establishment of an institutional UK limited partnership in which the group is both an equity and debt participant. This included the establishment of foreign currency parallel funds co-investing alongside the main fund.

£26 million loan facility for Royal Bank of Scotland Major Corporate Banking
Advising RBS on its £26 million loan for the acquisition and development of retirement care village units, including advising on real estate aspects and the building contact and ancillary documents.

£190 million debt financing for a healthcare client
Advising Pavilion Developments on a £190 million debt financing with Norwich Union of a portfolio of 23 care homes.

£77 million property investment for Abbey Care Investments
Advising healthcare client Abbey Care Investments on its £77 million property investment and development facilities with RBS.