Hassans’ Development Finance team is a leading player in the negotiation, drafting, and completion of major commercial and residential developments in Gibraltar and has advised on most of the major developments in Gibraltar for the past 10 years.
Development Finance transactions have become very sophisticated and require strong negotiation, financial comprehension and technical skills together with an ability to advise on and coordinate the construction and property law aspects. Isaac Levy leads the firm’s Development Finance practice and is a key trusted adviser to a number of high net worth/real estate owning groups. The team has extensive corporate, commercial and private client practice and regularly leads negotiations on high value real estate and corporate transactions. The team plays an integral part in the planning and structuring of real estate transactions for our clients, leveraging extensive experience in property ventures to advise our clients on the commercial aspects of the transaction and supervise the proper execution of the transaction.
The team has acted on numerous large value real estate development projects in Gibraltar acting for both lender and borrower. The team regularly advises on the provisions of joint venture agreements in respect of the ownership of corporate developers. The team also advises on construction law matters and regularly advises developers on the drafting and negotiation of high value construction contracts with contractors. Once the terms of the finance agreement have been agreed, the team leads on the drafting and negotiation of the Development Finance transaction documents. The team project manages the development finance transaction, managing the finance and construction aspects which include coordination with colleagues in our Property department where necessary.
There’s always been a debate whether term sheets, heads of agreement, memoranda of understandings and the like are worthwhile. Some say they gloss over difficult issues and lengthen the time […]
A few weeks ago I was asked to share my thoughts on the challenges and opportunities for Gibraltar in 2021. My thoughts would eventually be published in the Spring edition […]
Five Hassans’ trainees called to the Bar and enrolled as solicitors of the Supreme Court of Gibraltar.
We are delighted to congratulate Omri Bouton, Patrick Gill, Caroline Lane, Gabby McGhie and Jesse Monteverde who were called to the Bar today and enrolled as solicitors of the Supreme […]
Hassans acts for a number of landlords and developers in the refurbishment and redevelopment of existing buildings in Gibraltar. We have noticed a growing trend that there is a keen […]
The Legal 500 wheels keep turning despite lockdown; Hassans ranked top in all categories of Legal 500 2020
Whilst not much is guaranteed during this strange time, the people behind ranking law firms in the legal directories can, in an oddly reassuring way, always be relied on to […]
Meera Aswani explores some key issues relating to the impact of the outbreak of coronavirus (COVID-19) on the commercial property sector in Gibraltar. The provisions of commercial lease agreements that […]