Blog Post
Operate to accumulate: a case for re-evaluating real estate operating risk
Hotels, student accommodation and build to rent are becoming assets of choice for real estate finance deals, care homes are attracting a number of different finance investors, whilst the once mighty retail sector suffers and the office market grapples with Brexit uncertainty.
Blog Post
LOL - Loan on Loan Financing
We are seeing a lot more loan on loan financing deals in the REF markets than we have seen for some time. This blog post considers a number of issues relevant to this product.
Blog Post
Debt funds and LIBOR: so what the fuss
LIBOR in its current form is on the way out, that much is clear. But how will its exodus from the world of finance affect debt funds?
Blog Post
Green Buildings and Real Estate Finance implications
Sustainability and efficiency of real estate assets is increasingly important for occupiers and investors. European lenders are taking an active interest in 'green' buildings and increasingly committing to more sustainable practices.
Blog Post
Collaboration, Cycling, MIPIM and investment in the UK....
On Tuesday this week I completed my first London to Cannes cycle ride, participating in the Legal and General Cycle to MIPIM 2019. Raising awareness and funds for Coram and organised by Club Peloton...now at MIPIM...
Blog Post
Real Estate Finance, Transaction Management, Service Delivery, Innovation and our first post of 2019
New REF partners join the team, a new approach to transaction management and a new year!
Blog Post
Property funds: FCA's latest proposals for improving liquidity management
On 8 October 2018, the FCA published a consultation paper on illiquid assets and open-ended funds. The original discussion paper on this topic, from February 2017, looked at some of the risks that arise when open-ended investment funds invest mainly in inherently illiquid assets.
Blog Post
Please release me, let me go
Anyone who has worked in property finance for even a short period of time will have experienced the unhappy discord when negotiating releases. At a point when the finance documents are agreed and the conditions precedent are coagulating, the release mechanics have the potential to frustrate, if not obstruct, the flow of funds.
Blog Post
Just admiring the Review
After a few years living and working as a finance lawyer in Australia, there are a few things I brought with me back to the UK. Among the alarming spider's nests on the underside of our garden furniture and a passing interest in Aussie Rules football ("Go Bombers"), was an appreciation of some of the interesting market divergences in documenting loan transactions.
Blog Post
Real estate finance: a threat to national security?
The UK Government recently published proposals for a regime to review certain transactions that may pose a threat to the UK's national security.