Following on from our previous Roundtable events focussing on Real Estate Investors and Lenders, we are delighted to conclude the series with a focus on Real Estate Advisors and hear their views on a wide range of topics including Lending conditions, the German market, valuations, where they would advise clients to deploy capital and interest rates.

DAVID GINGELL – CUSHMAN & WAKEFIELD

David joined Cushman & Wakefield in September 2022 as an International Partner in its EMEA Equity, Debt & Structured Finance team responsible for leading financing activity in the UK and Ireland as well as focusing on significant European mandates. Prior to joining the firm, David was Head of European Senior Debt at PGIM Real Estate where he spent 10 years across London Chicago and Frankfurt offices. He has directly closed loans over $5 billion in nine different European markets across senior and mezzanine strategies and co-founded the European arm of the US commercial real estate lender in London and Frankfurt.

NICK HARRIS – SAVILLS

Nick has over 20 years of experience working in the UK real estate finance market. He has spent the last 17 years at Savills joining in 2007 to establish the cross-border valuation service line and currently heads the UK and cross border valuation teams. Nick has expertise and international experience across all sectors, loan security valuations and stock exchange/capital rising valuations allowing him to act as a single point of contact for Savills’ clients including lenders, private equity investors, real estate funds and REITS, corporates, and loan servicing companies. Nick also chairs the Savills EMEA Valuation Strategy Board, is a RICS registered valuer and holds a BSc (Hons) from the University of Reading.

MARK THOMAS – TLT LLP

With over 25 years’ experience in structured finance regularly acting for a wide range of clients in relation to UK and cross-border transactions. Prior to joining TLT as a partner in 2022, Mark held roles at Clifford Chance, Dechert LLP, Mayer Bown and was a partner for Addleshaw Goddard and Squire Patton Boggs. Mark has extensive experience with particular emphasis on areas such as commercial real estate and residential mortgage loans, auto loans and trade receivables with a number of his transactions shortlisted for the Financial Times Innovative Lawyers Awards.

BEN SMITH – JLL

Ben is a key member of the Value and Risk Advisory team at JLL. JLL combine innovative technology, data intelligence and expertise to help buy, build, occupy and invest in a variety of assets including industrial, commercial, retail, residential and hotel real estate. Ben is co-head of Retail Value and Risk Advisory specialising in retail warehousing and ecommerce. Prior to joining JLL in 2013, Ben was a at Cushman & Wakefield undertaking a wide range of valuations in the UK and Europe gaining experience across all the major commercial property sectors including logistics, multi let industrial estates, retail, offices, and leisure. He also holds an MA in Property Valuation and Law from the Cass Business School.

The external attendees were joined by Mount Street employees Jim Gott and Matt Murray from our Asset Surveillance desk. The discussion was moderated by Matt Murray.

JIM GOTT – SENIOR DIRECTOR, HEAD OF EMEA ASSET DILIGENCE AND ASSET SURVEILLANCE

Jim has over 25 years’ experience in the real estate, engineering, environmental and power and energy markets. Over the last ten years Jim has managed hundreds of CRE debt and equity projects amounting to many billions of £’s / €’s / $’s of loans, acquisitions and divestitures. Jim’s experience includes assisting clients with managing risk, negotiating acquisition and divestiture price adjustments, ESG, technical and environmental due diligence and brownfield development.

MODERATOR – MATTHEW MURRAY – EXECUTIVE DIRECTOR, ASSET SURVEILLANCE

Matt re-joined Mount Street in 2022 as Executive Director in Asset Surveillance having previously led the Primary Servicing Team. Matt has 20 years’ experience in Real Estate Finance and Corporate Credit including roles at Hudson Advisors, Deutsche Banks, Mizuho Corporate Bank and Puma Property Finance as a Development Finance originator. Prior to joining Mount Street, Matt was Head of Loan Servicing EMEA at CBRE.

To view their converstation, we invite you to download the article via the download button.