Neil is a partner in our Financial Services advising on all aspects of banking and financial services law. Neil advises financial institutions and private equity funds on a range of practice areas including commercial real estate lending, acquisition finance, debt finance structures and corporate restructuring.
Neil has led the team in a number of significant loan portfolio disposals and acquisitions over the last number of years and regularly acts for both domestic institutions in the context of their deleveraging programmes and for real estate funds in their acquisition and subsequent work out of distressed debt.
Commercial Real Estate Finance
Lead advisor to Permanent tsb on its sale of a €500m non-performing loan portfolio to Lone Star Funds and Start Mortgages.
Lead advisor to Bank of Ireland on its acquisition of Project Tara 2, a €260m performing corporate loan portfolio from KBC Bank
Advised AIB on financing Carysfort Capital’s €101m acquisition of 6 Hanover Quay, Dublin 2 from Cairn Homes.
Acted for an established Irish REIT in the refinancing of a large industrial unit portfolio.
Lead advisor to Permanent tsb on the €2.1bn Project Glas loan portfolio sale, the largest non-performing sale of its kind in the Irish market.
Advised Permanent tsb on Project Glenbeigh, a €1.3bn securitisation of non-performing loans.
Advised AIB on a series of development finance facilities to Lone Star in respect of a number of significant residential developments.
Recently chaired Commercial Real Estate Finance Council Europe’s (CREFC) first seminar in Ireland on development finance.
Neil co-authored a chapter in the 6th edition of the Law Society of Ireland Business Law Manual, published by the Oxford University Press.