Commercial Real Estate Finance

Partner

Aparna Sehgal focuses her practice on real estate finance in the UK and continental Europe, and advises on complex real-estate backed transactions, often multi-jurisdictional, highly structured and involving complicated intercreditor issues (senior, mezzanine and subordinated debt/quasi-equity interests). Ms. Sehgal's clients participate across the capital stack and include financial institutions, alternative capital providers and corporates.

Ms. Sehgal acts on a range of financing matters in connection with real estate, including: loan originations involving complex cross-border structures (including opco-propco arrangements), in connection with the acquisition and/or development of commercial real estate (CRE) or for the acquisition and work-out of distressed and/or non-performing loans (NPLs); the refinancing or restructuring of indebtedness secured on CRE and distressed debt / NPLs secured on real estate; loan-on-loan financings (involving performing and distressed / non-performing underlying assets); and on enforcement strategies (e.g., loan-to-own, consensual / quasi-consensual processes). Ms. Sehgal has advised on transactions in the UK, continental Europe, the Nordics, Russia, South East and East Asia, and the United States.

Ms. Sehgal also advises clients on a range of more general financing matters, such as margin loan and letter of credit (LC) facilities.

Prior to joining Dechert, Ms. Sehgal was a partner in the London office at another global law firm. Over the course of her career, she has undertaken secondments in Washington D.C. and Bangkok with the International Finance Corporation, and in London with CDC Group, Moscow Narodny Bank, and Barclays Capital. She also spent several months working with ANZ Banking Group in London on the disposal of part of their project finance business in Europe, the Middle East and North America to Standard Chartered Bank.

University of Leeds, LL.B. (Hons) University of Cambridge, LL.M.