Corporate and Commercial
April 2023
Our Real Estate Finance team recently secured a £4m complex multi-property term loan for Monument, in a deal which was completed on 6 April.
The loan included the refinance of 13 properties through asset purchase agreement and transfer of the properties between various parties.
The team was led by Senior Director Gregory Palos, Solicitors Sona Shah and Christina Ioannou, and Senior Associate Rachel Coulthard, with assistance from Director James Lyons and Associate Aashay Knights, who handled the corporate side of the transaction.
Sona commented: “It is always a pleasure working for Monument, their commercial approach unfailingly helps achieve the desired result. The Lawrence Stephens team collectively worked to overcome several complexities within a tight timeframe, achieving the best result for all parties.”
Conor McDermott, Head of Lending at Monument, commented: “It was delightful, as always, working with Sona and the team at Lawrence Stephens on the successful completion of this complicated property restructure and refinance. The firm was professional and pragmatic, and the team dealt promptly with any issues that arose.”
