Real Estate Finance

About

Specialist international real estate finance team advising borrowers, lenders and servicers across all types of domestic and international real estate financings.

Complex financing models have become a major area of growth and innovation in the global real estate market. Led by lawyers with market leading real estate finance experience, our team of specialists help lenders, borrowers, and servicers meet their business goals through our pioneering financing structures.

Our dedicated real estate finance team has a reputation for leading developments in the market and structuring the most complex deals. We handle all types of secured, investment and development loans (including loan origination, syndications, loan on loan transactions, bridge and mezzanine loans and CMBS/RMBS), sale and leaseback structures, securitization and loan portfolio acquisitions. We advise on the formation and structuring of asset-specific and pooled real estate funds and vehicles, limited partnerships, structured legal entities, and joint ventures of all kinds.

Achieving a successful outcome for our clients is our primary objective and we can help you on all aspects of debt and equity involvement in real estate-related transactions in domestic and international markets.

Our full service offering includes:

  • Loan Origination  
  • Syndication and secondary market transactions
  • Non-Performing Loans
  • Loan on Loan Finance
  • CMBS/RMBS
  • High Yield
  • Restructuring and Insolvency
  • Regulatory
  • Tax
  • Joint Ventures

View our Real Estate Finance publications

 

AWARDS & RECOGNITION

"A great international network – you can rely on the team for anything; it is very committed to the client and never lets you down. It is also very reactive and both business and client‑orientated."
"The team is very good in big international assignments."
"We can completely trust that they can take on all our legal and commercial demands. We rely on them."
"We use the firm’s broad, multi-office set-up and it is always co-ordinated very well."
Chambers Europe, Europe-wide Real Estate 2017, client quotes

UK Firm of the Year for Finance
The Legal 500 United Kingdom Awards 2016

 

Experience

Unicredit Leasing on Sale of Eni's Headquarters in San Donato Milanese
Unicredit Leasing on the sale of V Palazzo Uffici, one of the best known buildings in San Donato Milanese (Milan) and the headquarters of energy company Eni, to Pegasus, a real estate alternative capital fund managed by Kryalos SGR.

Blackstone on US$4 Billion Nordic Real Estate Acquisition
Blackstone Group in its €1.7 billion recommended public tender offer for Sponda Plc, a Finland based property investment company specialising in commercial properties in the largest cities in Finland with shares listed on Nasdaq Helsinki. This transaction is the largest ever M&A transaction in the Finnish real estate sector and expected to close by the end of July.

Berlin Hyp AG in connection with refinancing of 9 SPV companies
Berlin Hyp AG in connection with refinancing of existing indebtedness of 9 SPV companies owning the office building complex called "The Park" in Prague to be acquired by Deka Immobilien Investment GmbH. The Park is one of the largest office parks  in the Czech Republic.

J.P. Morgan - as financier to Lone Star for its acquisition of Propertize
J.P. Morgan Securities plc as financier to Lone Star for its acquisition of Dutch nationalised and state-owned real estate bank Propertize from the State of the Netherlands, and the direct acquisition by J.P. Morgan Securities plc of certain loan assets from Propertize. Lone Star has paid €895.3 million for the shares in Propertize, and is also repaying all the outstanding debt of Propertize for an additional €2.35 billion.

Oaktree Capital Management on JV with Deutsche Bank
Oaktree Capital Management, the US-based private equity firm, in relation to its joint venture and financing of a portfolio of Spanish non-performing loans valued at €900 million from Ibercaja Banco, S.A.U.titled Project Goya. This deal marks Oaktree's first 50:50 joint venture in relation to the acquisition of non-performing loan portfolios. It is the latest in a sequence of transactions in which White & Case has advised real estate private investment funds.

A large bank on numerous Real Estate Financings
A large bank on numerous real estate financings including, the financing of a portfolio of 144 UK hotels being purchased by a consortium of private equity firms, and the acquisition financing of a portfolio of 18 properties located across Norway, Sweden and Denmark.

A Major International Private Equity Firm on Acquisition of a €1.5 Billion European Real Estate Loan Portfolio
A major international private equity firm on a number of real estate financings, including as the successful bidder for the Nationwide's £1 billion UK non-performing loan portfolio and in relation to the acquisition of a €1.5 billion European real estate loan portfolio from Lloyds Banking Group with underlying real estate collateral in 11 countries from 23 borrowers.

Harrods Management and Qatar Investment Authority
Harrods on their US$1.3 billion real estate financing of the Harrods department store and other related properties.

UniCredit Bank Czech Republic on 110 million senior facility agreement of office/retail centre
UniCredit Bank Czech Republic and Slovakia, a.s., as Agent, in respect of a €110 million senior facility agreement in connection with the construction of office and retail centre Florentinum in Prague 1, the historical part of the city centre.