Partner

Real Estate

Get in touch

For further advice please contact us for a consultation.

-

UK Contact

+44 (0)3330 143 401 info@gunnercooke.com
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Germany Contact

+49 30 220 131-000 centralservices@gunnercooke.de

Partner

Real Estate

Expertise

Conor Downey is a Real Estate partner in the London office of gunnercooke. Mr. Downey’s practice focuses on the financing, restructuring and securitisation of real estate and real estate debt.

He has extensive experience in the structuring and documentation of a broad range of structured finance products and securitisations of a variety of assets and cashflows related to different types of real estate both in the UK and throughout Europe.

Conor Advises

  • Lenders
  • Borrower
  • Investors
  • Arrangers
  • Loan Servicers

Experience Highlights

  • Freehold Corporation Limitedon the creation of a long-dated, Solvency II compliant, inflation linked debt instrument backed by ground rents
  • Freehold Corporation Limitedon the origination and bridge financing of commercial real estate ground rents on fractional ownership developments
  • AIG Group as lender on a £160 million senior financing for a Canary Wharf office tower, a £168 million senior financing for a government occupied West End office, and a £315 million senior financing for a portfolio of private hospitals
  • JP Morgan andMorgan Stanley on a series of New York law repo financings for commercial real estate loans originated by debt funds in the UK, Ireland, the Netherlands, Germany, Spain and Portugal
  • Situsas special servicer of the Fairhold loan in the DECO 8 CMBS involving resolving long-dated swap issues, acquisitions of subordinated debt, and a DPO
  • Various lenders and borrowers on loan-on-loan financings for newly originated European commercial real estate loans
  • Rothesay Life plcas lender on a large loan on loan financing to a major bank based on financial collateral arrangements
  • Evans Randallas borrower on a series of large commercial real estate financings in central London
  • AIG Groupon the acquisition of interests in a variety of real estate, NPL and loan-on-loan financings
  • Deutsche Bankas Originator and Arranger of the £302 million DECO 2011-CSPK CMBS, the first publicly offered CMBS in Europe since 2007, the first CMBS to implement CMBS 2.0 and IFLR Securitisation of the Year 2012
  • Deustche Bankas Originator and Arranger of the £210 million DECO 2012-MHLL CMBS, a securitisation of the fourth largest UK shopping centre
  • CBRE Loan Servicingas Special Servicer of the £919 million Gemini (Eclipse 2006-3) plc CMBS transaction, the longest running special servicing in Europe involving UK and Guernsey insolvency processes, settling long-dated swaps, significant asset management and a disposal programme
  • Sellerand Purchasers on the acquisition, financing and disposal of pan-European commercial real estate loan portfolios
  • CBRE Loan Servicing Limitedas Special Servicer of the £1.15 billion White Tower 2006-3 plc CMBS transaction, the first completed CMBS enforcement in Europe achieving 95 per cent. recoveries for bondholders
  • Mezzanine Debt Fundson the origination and acquisition of UK and German mezzanine loans
  • Capita Asset Servicing as Special Servicer of the £531 million Hoteloc plc CMBS transaction which was Europe’s first CMBS special servicing and achieved 97 percent recovery for investors
  • JPMorganDeutsche Bank, Bear Steans, and Wachoviaon their debut European CMBS transactions
  • Capita Asset Servicingon the servicing and special servicing of a variety of Dutch, German, Czech and UK loans
  • Acting as transaction counsel on award-winning whole of business securitisations such as Madame Tussaudsand Trafford Shopping Centre

Career History

Previous Law firms

  • Paul Hastings – partner 2009-2021
  • Cadwalader – partner 2003-2009

Memberships

  • Law Society of England & Wales
  • Law Society of Ireland 

Education

  • Monkstown School – Leaving Certificate 197
  • University College Dublin – BCL Hons 1990

Get in touch

For further advice please contact us for a consultation.

-

UK Contact

+44 (0)3330 143 401 info@gunnercooke.com
-

Germany Contact

+49 30 220 131-000 centralservices@gunnercooke.de