England - London • Real estate
Mayer Brown International LLP
Mayer Brown International LLP continues to be increasingly involved in large portfolio financings, including NPL transactions, CMBS, loan-on-loan transactions, and loan origination. David O’Connor has developed an expertise in loan origination and real estate capital markets matters, enabling him to advise sponsors on capital markets funded real estate finance transactions as well as bank funded transactions. O’Connor leads the group alongside Andrew Hepner, who is an expert in the restructuring of bilateral, syndicated and securitised debt, and debt portfolio acquisitions and disposals. Charles Malpass is highly knowledgeable in residential mortgage and commercial mortgage debt, while senior associate Annabel Ersser is recommended for structured finance.
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Key clients
- Citibank N.A., London Branch
- SMBC Bank International PLC
- Ellington Management Group, LLC
- Cheyne Capital Management (UK) LLP
Work highlights
- Represented Citibank, a global bank, and SMBC Bank International PLC, a Japanese multinational bank, as senior arrangers and Lenders in a financing to Brookfield Asset Management Inc. (the Sponsor) in order to refinance its acquisition of a 20 Churchill Place in Canary Wharf, London. Mezzanine financing was provided by a subsidiary of Apollo.
- Acted for Ellington, an investment and advisory firm, as Issuer, Seller and Retention Holder of a €495 million public residential mortgage backed securitisation. The issuer, Ellington Residential Holdings Ireland II DAC, issued notes backed by a portfolio of Spanish re-performing residential mortgage loans secured with Spanish mortgages over real estate properties located in Spain originated by Santander and its subsidiaries.
- Acted as common transaction counsel for Bank of America, an American multinational bank, and RBC Europe, a bank, in a relation to Senior/Mezzanine facility agreements with various Lone Star Fund SPVs as borrowers.
Lawyers
Rising stars
Practice head
The lawyer(s) leading their teams.
Andrew Hepner, David O'Connor