Finance

Lending against the cash flow generated by a property or against its increased value following development is the most traditional form of real estate finance. These transactions are usually classified as either investment or development transactions.

These could involve finance for commercial real estate such as offices, shops, industrial buildings - to be repaid from the rent received from tenants, or blocks of residential real estate – to be repaid from the sale of individual units.

Syndicated loans feature to enable the borrower to borrow larger amounts and to obtain best funding rates possible, as well as Special Purpose Vehicles allowing the borrower to secure and isolate assets, create and invest in joint ventures.

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Our key role is in negotiating all the documentation and reporting to the lender and borrower in relation to the title of the property. The key documents are: the facility agreement, the appointment of the managing agent, the property documents, certificate of title or report on title, security documents to include a charge over the property or debenture over the other assets, the valuation of the property and other reports from specialist professionals. In addition, in a development transaction, these will include: the building contract, consultants warranties and completion certificate.

We act for both borrowers and lenders enabling us to be best placed to advise each of the others' requirements speedily, be proactive and help matters run smoothly.'