Berlin, June 21, 2018 – Greenberg Traurig Germany advised the FAP Group on the structuring of a Luxembourg based real estate debt fund "FAP Balanced Real Estate Financing I". The fund provides mezzanine capital in the amount of EUR 250 million for credit financings of portfolio properties, revitalization projects, and project developments in Germany, as well as selectively in the Netherlands and Austria.
Due to the legal separation of master and feed funds, both taxable and tax-exempt investors can be considered. The fund is designed for a term of five years (with two extension options, each for the duration of one year). Bankhaus Hauck & Aufhäuser from Luxembourg acts as fund manager (AIFM) and FAP Invest GmbH from Berlin takes on the role of investment advisor.
Under the leadership of Partner Kati Beckmann, Greenberg Traurig Germany advised the FAP Group extensively on the structuring and marketing of the real estate debt fund. Kati Beckmann chairs the Private Funds Practice at Greenberg Traurig in Germany. The law firm has been advising the FAP Group since 2017.
About Greenberg Traurig
Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2017 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.