England - London • Real estate
Alston & Bird LLP
Alston & Bird LLP‘s representation spans senior, mezzanine, and whole loans, in addition to tranched facilities, securitisable ready loans, loan-on-loan facilities, and bilateral facilities. With previous experience working overseas, Andrew Petersen is well-placed to advise investors purchasing, selling, and managing CMBS, B notes and mezzanine loans, and private debt funds making real estate loans, both in the U.S. and Europe. The ’very knowledgeable’ James Spencer is also recommended.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team have a wealth of experience, which means that they can more effectively support clients, no matter what the asset class, structure or jurisdiction. They can also call upon their network to obtain advice and support, even if something comes up that's outside of their area of expertise. They understand our position, which is really important.’
‘The people we work with are extremely knowledgeable, and have proven that they can understand complex structures. They're very responsive, and actively support their clients during the property finance closing process. They're commercially minded, and always look to protect the position of their client.'
'James Spencer is always willing to make himself available when a situation occurs on a transaction. He goes the extra mile, which helps to give the other finance parties a positive impression of our firm.’
‘Very knowledgeable; team has strength in depth; easy to deal with; very responsive’
‘James Spencer - very knowledgeable, sharp and an excellent lawyer.’
Key clients
- GWM Asset Management Limited
- BlackRock
- Industrial & Commercial Bank of China Limited, London Branch
- Investec Bank
- CBRE Indirect Investments
- Trimont Real Estate Advisors
- Occorian Capital
- Oxane Partners
- Situs
- CBRE Loan Services
- Mount Street Mortgage Servicing Limited
Work highlights
- Advising CBRE Indirect Investments as investment advisor on the provision of a £63m loan to fund the development of a regional multi use property.
- Advising GWM as lender on the provision of a EUR59m loan to fund the acquisition of an Irish hotel.
- Advising our loan agent clients (including CBRE, Mount Street, Oxane, Situs and Trimont (listed alphabetically) on their respective appointment as agent/security agent on a variety of UK and European real estate financings totalling in excess of £5billion of commitments.
Practice head
The lawyer(s) leading their teams.
Andrew Petersen