Hogan Lovells has recruited real estate finance partners Andrew Flemming and Jo Solomon to join the London finance practice. They join from Berwin Leighton Paisner and bring a wealth of real estate finance experience with them.
Flemming ‘s transactional experience includes advising Barclays Capital on a £660m loan-on-loan to Maybourne Finance Limited and advising Lloyds Banking Group on a £266m investment facility to Peel Holdings to refinance a large portfolio of UK regional properties, which involved acting for a club of five lenders.
Solomon’s deals include advising on the St. David’s Limited Partnership, a joint venture between Land Securities Group PLC and Capital Shopping Centres PLC, to refinance the cost of acquisition and development of the St David’s and St David’s 2 shopping centres in Cardiff; and advising Blackstone on the development finance provided by Lloyds TSB Bank Plc in relation to the development of building 6 at Chiswick Park.
Commenting on their arrival, Sharon Lewis, global head of Hogan Lovells finance practice, said: “First class strength in depth in a wide breadth of different banking specialisations is vital to maintaining our position as a leading adviser to banks and other key financial institutions so continuing to grow our finance practice globally is a key strategic priority for the firm. Andrew and Jo’s expertise is a natural fit with our banking and real estate practices. I am delighted that they will be joining our team”.
Flemming said: “Hogan Lovells has a thriving global finance practice with numerous high profile clients across a range of sectors and a truly collaborative culture. I am looking forward to working closely with the banking and real estate teams to continue to build the strength and depth of Hogan Lovells’ real estate finance practice”.
Solomon added: “Hogan Lovells’ international platform is a significant benefit to global borrowers and lenders in being able to offer them a seamless international service that few other firms can provide. I’m delighted to joining a firm with such a stellar real estate reputation and with such strong expertise across a number of different practice areas that are needed to carry out complex, high value real estate finance deals.”