Close Menu
ABL Logo
Link to the LinkedIn.com Link to the Facebook.com Link to the Twitter.com
Menu

ABL advises Starwood Capital on $220m development facility

Banking & Finance, Corporate and M&A, Property & Development, Taxation
Starwood
A multi-disciplinary team from Arnold Bloch Leibler has advised US investment firm, Starwood Capital on behalf of Starwood Property Trust, on its first Australian debt deal, a $220m development facility for a project by international student accommodation specialist, Scape.

Led by Banking & Finance Partner Nathan Briner, the ABL team advising Starwood Capital consisted of team members from various practice areas - Banking & Finance (Orley Granot, Damien Cuddihy, Peter Faludi, Luise Bristow and Genevieve Pope), Commercial (Jeremy Lanzer, Michael Dodge, Luke Jedynak and Simone Gould), Property (Tyrone McCarthy and Andrea Towson), Construction (Kevin Frawley, Michael Repse and Belinda Mercieca) and Tax (Clint Harding and Peter Scott).
 
Nathan Briner commented: “We are delighted to have advised Starwood Capital on this landmark transaction. This type of deal was a first for our client in Australia and will contribute to the development of an innovative and landmark student precinct. Our team enjoyed working with Starwood Capital and we look forward to assisting them as they expand their debt offering in the Australian non-bank lender market.”
 
As reported in the Australian Financial Review, Starwood Capital’s Managing Director, Lorcain Egan, said: "This transaction is in line with our strategy of providing large loan investment and development financings across major real estate asset classes in North America, Europe and now in Australia.”

About Arnold Bloch Leibler 

Arnold Bloch Leibler is a premium Australian commercial law firm renowned for advising clients on their most important transactions, commercial issues and disputes. From offices in Melbourne and Sydney, the firm provides advice to a diverse range of entrepreneurial Australian listed companies, family businesses, high-net-worth individuals and international corporations. The firm also has a dedicated pro bono practice providing advice on social, environmental and cultural issues to more than 150 charitable and not-for-profit organisations.

Read next