Lasaygues supports banks, funds and financial bodies and investors (both French and international) with the structuring and monitoring of their real estate financing transactions both in France and across Europe.
Lasaygues can help in all areas of real estate financing, be it for the acquisition of real estate assets or companies, development financing or refinancing. Lasaygues also enables its clients to benefit from its experience in the restructuring of debts and divestments of portfolios of mortgage-backed securities.
Lasaygues believes that each transaction is unique and requires a specific approach. Each team is structured in such a way as to reflect the needs of the project, which in particular makes it possible to implement wide-ranging due diligence exercises.
Thanks to the diversity of its teams, both in terms of training and experience as well as cultural backgrounds, Lasaygues can offer a wide variety of competencies in the field of financing and thus meet the needs of its clients. Lasaygues’ practice includes Islamic financing and project financing/PPPs (financing for public works, infrastructure, transport, telecommunications infrastructure, etc.).
Thanks to its experience providing advice to German “Pfandbriefbanken” (banks regulated by the law on covered bonds) for their financing transactions in the French real estate sector, Lasaygues has been able to put together a German Desk made up of lawyers who not only speak fluent French and German, but also have an intimate knowledge of both cultures including the main players in the German economy.
Our German Desk is also the point of contact for France for the Association of German Pfandbrief Banks (Verband deutscher Pfandbriefbanken – VdP) as part of the Round Table Covered Bond Legislation in Europe (“Runde Tisch: Flexibilität, Sicherheit und Effizienz der Grundpfandrechte in Europa”).
Lasaygues has regular exchanges with the VdP, with whom it enjoys a special relationship, to meet the needs of the Pfandbriefbanken, in particular with regard to the compatibility of the law and legislative reforms in France with the provisions of German law on covered bonds. Solutions that are adapted to the needs of the Pfandbriefbanken can thus be safely drawn up.
Lasaygues supports its clients with the legal and tax structuring of their projects by drafting and negotiating contractual documentation which meets their needs.
Depending on the project in question, the documentation can take the form of loan agreements, facility agreements, bond issues, the creation of security, stand-alone guarantees or completion bonds.
As part of this mission, Lasaygues can act as sole counsel to its clients or, where necessary, in total cooperation with law firms.
In advance or, if necessary, at the same time as drafting and negotiating documentation, Lasaygues can carry out real estate due diligence.
When acting for lenders, a specially comprised team will be mobilised to carry out a rigorous analysis of the legal position of the companies involved and/or the assets which are set to be financed or refinanced, to identify key issues and provide appropriate advice regarding assessing the legal risks and drafting the necessary legal solutions in contractual form.