Real Estate Finance Senior Associate

Senior Associate, Banking & Finance / Real Estate Finance - Manchester

Our market-leading Real Estate Finance practice combines key sector knowledge, unparalleled technical ability and a commercial focus, which ensures clients receive the best possible support and guidance. We are consistently ranked number one by the legal directories across all of real estate disciplines with lawyers that are recognised as experts in their fields.

Our London, Manchester and Southampton offices give a broad and deep real estate capability across the sector. There is strong collaboration between teams in these locations, with matters being resourced seamlessly between our three UK offices, drawing on different practices and skills in our various locations. We also work seamlessly with our offices in France, Germany and with our Luxembourg desk.

Through a mixture of new technology and innovative working methods, we are able to offer our clients an efficient, cost effective and tailored service. You will have the opportunity to work on complex and high value transactions in a flexible and fast-paced environment.

In joining BCLP you will be nurtured and supported by a group with a strong track record of legal and personal development throughout the associate ranks. Within this structure you will be encouraged to foster your own rapport with our clients and forge out your own career path.

Recent Team highlights include:

• Advised Burstone on its strategic partnership with Blackstone for its €1.1 billion pan-European logistics portfolio and financing of the same. BCLP advised on the whole life cycle in respect of its pan European portfolio including bridge financing and acquisition financing in respect of its acquisition of the pan-European portfolio from Ares, a c.€500m portfolio refinancing to stabilise the portfolio (arranged by Citi and Aareal) and acting on debt processes relating to the sale of an 80% stake in the €1.1 bn business to Blackstone and advising on the c.
  
  €600m refinance in connection with that sale.
• Advised a multinational finance corporation on an c.£500m facility in connection with three BTR properties in London. The proceeds of the new loans were used to refinance c.£1bn of existing indebtedness across various properties at the development, which was one of the largest refinancings in the UK real estate market last year.
• Advised a syndicate of lenders comprising Barclays Bank Plc, ING Bank N.V., London Branch, HSBC UK Bank Plc and SMBC Bank International plc on a £ investment facility provided to a joint venture between Supermarket Investment REIT plc and Blue Owl Capital for the refinancing of a portfolio of supermarket properties across the UK. The facility agreement also includes an accordion line enabling the JV to increase the debt quantum to fund future supermarket acquisitions.

Your role would be to:

• Lead on Real Estate Finance deals for a broad range of assets for a wide range of both lender and sponsor clients.
• Draft or negotiate finance documents including facility agreements, fee letters and priority documents.
• Manage deal teams including junior associates, trainees and paralegals both from within Real Estate Finance and throughout the firm in the UK and globally.
• Develop and deepen client relationships, for clients ranging from banks, investment banks, private equity funds, alternative investors, developers property companies, to our annuity clients. You will have the opportunity to take a leading role in our client teams, both developing the client relationship and managing the BCLP client service delivery.
• Depending on your interests and experience, get involved in our sector and specialist experience teams to continue to develop your own expertise and share knowledge with colleagues.
• Support the Partners and other senior team members with the supervision and development of more junior lawyers.

Skills and experience required:

• A good understanding of key Real Estate Finance concepts and an appreciation and awareness of the Real Estate Finance market.
• Flexibility and adaptability to allow you to manage your work proactively in a high paced environment.
• Commercial focus with a knowledge of key…