Sebastian is an associate in the real estate practice based in London.
Sebastian has experience advising both lenders and sponsors on a wide array of high-profile real estate finance transactions, encompassing both investment and development deals in the UK and across various European jurisdictions. He also advises on real estate-related back-leverage structures.
His expertise spans multiple real estate asset classes, including logistics, hospitality, student accommodation, office space and data centres, with a client base primarily comprising financial investors – such as debt and private equity funds – and sponsors.
Sebastian trained in the London office of a UK magic circle law firm and joined Ropes & Gray as an associate.
Experience
Sebastian’s representative experience includes advising:
- Yondr on the €500 million acquisition, development and financing of one of the world’s largest data centers and its associated letting to a major international tech company.
- a leading real estate fund manager in connection with an up to £400 million loan-on-loan facility from Wells Fargo Bank to provide additional back leverage for financing CRE loans in the UK.
- a variety of real estate debt funds as borrowers / sellers in connection with repurchase facilities and loan on loan facilities to finance commercial real estate loans in the UK, Europe and Australia.
- a leading global RE debt fund on establishing two parallel New York law repurchase facilities in an aggregate amount of up to c. £800m to support expansion of its debt investments across Europe and the initial deployment of these facilities to fund three asset-level loans secured against a range of underlying CRE asset classes in multiple European jurisdictions.
- a leading global debt fund manager and a major sovereign wealth fund (acting together) on establishing an up to €500m facility to provide back-leverage for their CRE lending activities in Europe, and utilizing the facility to fund a significant loan secured over logistics assets in in the Nordics.
- a leading global alternative asset manager on establishing three new repurchase facilities with two leading global banks in an aggregate amount of up to c. 1bn to support their new fund’s CRE lending strategy in Europe and on the deployment of these facilities to fund 4 significant asset-level loans secured against a range of underlying CRE asset classes in multiple European jurisdictions.
- a leading global alternative asset manager on establishing a back-leverage facility to extend their funding access to new currencies (GBP and Euro) and on the deployment of the facility to fund 3 significant asset-level loans secured against CRE assets in Germany, Italy and the UK, in an amount of up to c. €580m in aggregate.
- a global alternative investment firm on setting up and the subsequent upsize of its inaugural New York law repurchase facility in an amount of up to c. €480m to provide back-leverage for its expanding CRE lending across Europe, with a particular focus on the Nordics and central Europe and the initial utilization of the facility to fund a Norwegian bond financing and a residential property portfolio loan in Germany.
- a global investment manager on expanding their existing back-leverage capabilities to include a range of European currencies and the funding of an up to c. £70m loan secured against student accommodation assets in the UK.
- various real estate funds (as sponsors and as lenders) on senior and mezzanine debt financings of UK and European real estate assets.*
- a leading asset management fund on senior and mezzanine loans of £700+ million to finance an acquisition of a portfolio of hospitality assets.*
- a credit fund as lender on a senior financing of the development of a number of UK logistics assets.*
- the sponsor on a £400+ million refinancing of its portfolio of hotel assets based in the UK.*
- an international energy services company on its pari-bank financings and restructuring.*
- an international mining company on the refinancing of its general corporate purposes revolving credit facility.*
*Prior to joining Ropes & Gray
Credentials
Publications
Disclaimer
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