The Frankfurt Real Estate Industry practice led a cross-border team in advising a debt fund under management of GreenOak Real Estate on a €100 million loan to finance a real estate portfolio (acquisition as well as capital expenditures) in Germany. The transaction is a first for GreenOak in Germany, marking its entry into the local market.
GreenOak Real Estate is an independent, partner-owned, real estate-focused principal investing and lending firm that seeks to provide strategic advice and create long-term value for its clients and investors. Since 2011, GreenOak has raised $7.2 billion of discretionary equity from institutional investors for real estate lending and investment in Europe, the U.S. and Asia, and has acquired approximately $10 billion of assets. GreenOak has offices in London, Madrid, Milan, Luxembourg, New York, Tokyo, Los Angeles and Seoul, with over 90 professionals in dedicated local teams having local knowledge, experience and extensive networks in each market.
The Goodwin Frankfurt team was led by partner Stephan Kock and included partners Peter Junghänel and Heiko Penndorf; Catharina Englert, paralegal Helena Velimirovic with partners Paul Lyons, and Alexandrine Armstrong-Cerfontaine; and associate Oana Millich in London.