Real estate finance

Our real estate finance team has wide-ranging experience acting for lenders, borrowers and other key stakeholders across domestic and international markets, advising on the full spectrum of investment and development financings.
  • Profile
  • Experience
  • Key contacts

With one of the largest dedicated real estate finance teams in the City, working closely with the firm's specialists in corporate, tax, construction, environment and regulation, you can expect our advice to get to the point. We will deliver pragmatic advice based on an understanding of your business and the market in which you operate.

We are a fully integrated team comprising a mixture of finance lawyers and real estate lawyers who all sit together in one department.  This structuring provides a seamless link between the finance team and the real estate team enabling us to work together in a joined up way for exceptional service delivery.

Our real estate finance experts advise banks, alternative lenders, borrowers, investors, funds and developers across the real estate investment and development sectors.

We can help you with:

  • bilateral and syndicated loans – investment and development; public and private sectors
  • senior and mezzanine facilities – dealing with complex intercreditor issues
  • financing real estate investment funds, REITs, unit trusts, limited partnerships and other entities, both on and off-shore
  • tax efficient funding structures
  • specialist sectors, including the private rented sector (PRS), student housing, hotel/leisure, healthcare, education, and other not-for-profit sectors
  • loan restructuring and dealing with distressed debt

"The ‘very personable’, ‘knowledgeable and always available’ team at Stephenson Harwood does ‘very high-quality work’; its property finance offering is complemented by its ‘high level of property law knowledge’"

Legal 500 2017

Centre Point, £60 million investment facility

We acted for SMBC on a high profile investment facility provided by SMBC to Almacantar, following the successful development by Almacantar of the site at Centre Point.

£245 million acquisition of retail park portfolio loan facilities

We acted for Tristan Capital Partners, a long standing client of the firm, on loan facilities for Tristan's acquisition of a £245 million retail park portfolio, reported by Cushman & Wakefield as the biggest single retail warehouse transaction in the first quarter of 2017.

3 St James Square, £135 million acquisition financing

We advised a consortium of investors led by Joint Treasure in their financing arrangements for their £135 million acquisition of 3 St James's Square, SW1 (a trophy asset in the heart of London).

£258 million 33 Old Broad Street acquisition and financing

We acted for Hong Kong based client S E A Holdings on their acquisition of 33 Old Broad Street, HBOS's London HQ, for £258 million, and their related financing provided by HSBC for £169 million.

London Rosewood Hotel, £175 million term facility

We acted as lead counsel on this transaction advising The Hongkong and Shanghai Banking Corporation Limited on their £175 million term facility, which was used to refinance the acquisition costs of the iconic Rosewood Hotel in Holborn, London.

1 Spinningfields Manchester, £81 million investment loan

We advised Barings as arranger and original lender on their investment loan to a Schroders managed investment vehicle for the purchase of 1 Spinningfields, Manchester.

London Hotel Café Royal, £165 million facility

We advised Barings on providing a £165 million 7 year fixed rate facility to refinance an Israeli Bank's facility for the flagship Hotel Café Royal, Regent Street, London.

Royal Liver Building, £29.65 million financing arrangement

We acted as lead counsel to Barings as arranger and original lender in putting in place the £29.65 million financing arrangement which supported the acquisition of the Grade I listed Royal Liver Building.

Holland House and Renown House refinancing

We acted for Wells Fargo on their refinancing of Holland House and Renown House, two prime London properties situated next to the 'Gherkin', owned by the Stena group and managed by Trinova.

€420 million senior/mezzanine acquisition financing of shopping centre portfolio

We advised real estate fund Pradera on a secured financing for the acquisition from Ikea of a pan-European portfolio of 25 shopping centres in central and eastern Europe, including 3 prime retail centers in France. The mezzanine & senior financing was arranged by Goldman Sachs and included a double luxco structure.

€40 million mezzanine financing

We advised Rawlinson & Hunter, owner of Château Cantenac Brown on a secured mezzanine financing with a value of €40 million.

€30 million secured bridge private placement of bonds

We advised real estate fund Resolution Property on a secured bridge private placement of bonds for the construction of an outlet center in Honfleur (Normandy) with a value of €60 million.

HK$3,110 million development financing of residential building project

We advised Wang On Properties on the HK$3,110 million financing of the development of a 23,500 square metre residential building project.

HK$1,914 million development financing of residential building project

We advised Hang Seng Bank Limited and five other local and international banks on a HK$1,914 million financing of the development of the 45,000 square metre residential project known as Alto Residences.

Lawyer

Yann Beckers Partner

T:  +33 1 44 15 82 11
M:  +33 6 82 59 15 48 Email Yann | Vcard Office:  Paris

Lawyer

James Linforth Partner

T:  +44 20 7809 2060
M:  Email James | Vcard Office:  London

Lawyer

Stephanie Wong Partner

T:  +852 2533 2838
M:  +852 6193 5229 Email Stephanie | Vcard Office:  Hong Kong

Latest news & insights

18 Sep 2018

From Insights

Land registration – more changes on the horizon for secured lenders?

On 24 July 2018 the Law Commission made 53 recommendations for reform of the Land Registration Act 2002 ("LRA 2002") in a long-awaited report which runs to 587 pages. ..

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27 Mar 2018

From Insights

Register of beneficial owners of overseas companies – update

As we highlighted last year, the Department for Business, Energy & Industrial Strategy has consulted on the launch of a Beneficial Ownership Register to increase the t..

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16 Feb 2017

From News

Stephenson Harwood advises Bowmark Capital and Five Arrows Principal Investments on completion of Autodata sale

Law firm Stephenson Harwood LLP has advised Bowmark Capital and Five Arrows Principal Investments on the completion of the sale of Autodata to Solera Holdings, Inc., f..

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09 Jan 2017

From News

Stephenson Harwood advises on Silk Healthcare sale

Stephenson Harwood has advised the shareholders of Angela Swift Holdings Limited (ASHL) on the sale of luxury care homes operator Silk Healthcare to Methodist Homes.

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30 Nov 2016

From Insights

The long-awaited LMA real estate security document has arrived

Jacqueline Cook was interviewed by LexisNexis regarding the new LMA Real Estate Finance Security Agreement which will be of broad interest to those involved in finance..

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23 Nov 2016

From News

Stephenson Harwood advises on £350 million social housing IPO

Stephenson Harwood advises on £350 million social housing IPO

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01 Mar 2016

From Insights

“The truth, the whole truth…”: replies to pre-contract enquiries

Let’s face it, when you’re selling a property, dealing with replies to enquiries isn’t the most exciting part of the deal. You’ve done it all a thousand times before -..

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17 Sep 2013

From News

Real estate finance team advise on three landmark UK developments

International law firm Stephenson Harwood's real estate finance team has advised on the financing aspects of three key developments:

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.