Lawrence Stephens

We are a *knowledge business

Lawrence Stephens completes £20m refinance on behalf of its client

April 2023

Our Real Estate Finance, Banking and Corporate teams acted for their client in connection with a £20 million refinance of over 30 properties, in a deal which was completed on 31 March 2023.

The deal included an offshore company purchase and transfer of 2 property portfolios to the client, with Blackfinch Group acting as the lender. The complex nature of this deal led the Real Estate Finance department to work alongside members of the Banking and Corporate teams to ensure the refinancing was completed swiftly and efficiently.

The team was led by Director Paul Marsh and Senior Director Gregory Palos, with assistance from Associate Anna Christou and Trainee Solicitor Isabella Tamyln in the Real Estate Finance team, as well as Senior Associate Ashley Wright and Solicitor Rhiannon Hughes in the Banking team, with Aashay Knights handling the corporate side of the deal.

Paul Marsh commented: “With a deal of this size, cross-department co-operation was key, and it was a pleasure to work alongside members of the Banking and Corporate teams. We worked hard to ensure we achieved the best result for our client, and it was great to work with the team at Blackfinch to secure this loan.”

The client commented: “Paul, Greg and the rest of the team at Lawrence Stephens did a fantastic job on this deal, and their hard work translated to an ideal result. They coordinated well with other parties to the deal and provided world-class legal advice throughout the process.”