Real estate in Cayman Islands

Appleby

Appleby's team is 'very responsive with great attention to detail; it is evident that its knowledge and expertise are top of the line'. The practice's work spans the full range of transactional real estate issues and regulatory matters, with particular expertise in hotel and resort development and financing work. Norman Klein is Cayman group head, and counsel Adam Johnson is singled out for tourism, large-scale development and infrastructure projects.

Practice head(s):

Norman Klein

Other key lawyers:

Adam Johnson 

Testimonials

The Appleby team possesses an unmatched depth of knowledge of real estate and local regulations‘.

The individuals stand out as they are always readily available to assist when necessary and without delay – the advice, guidance and engagement are always handled promptly and thoroughly‘.

Norman Klein is the established real estate leader in Cayman and has been for a number of years‘.

Adam Johnson, is a legal practitioner and pioneer of real estate solutions that are new and innovative to the Cayman market; his personable, highly approachable attitude and ability to explain in layman terms the most complex legal matters make him a go-to real estate lawyer‘.

We have always found them to be of the utmost professionalism. Any query or advise sought is answered with quickly and efficiently. Where knowledge is needed to be researched it is done so quickly.

Adam Johnson is our senior associate and direct contact. He is excellent, very professional and a pleasure to do business with.

Ritch & Conolly

Ritch & Conolly provides services, which are 'completed with excellence, efficiency and to the highest standards'. The department handles high-value real estate developments, acquisitions of single and multiple properties, high-end properties and office buildings; and loan facilities. Senior partner and group head David Ritch OBE JP assisted the Cayman Islands Airports Authority with the redevelopment and expansion of the Owen Roberts International Airport in Grand Cayman. Angus Charlton and Jacqueline Conolly are highly regarded senior associates.

Practice head(s):

David Ritch OBE JP

Other key lawyers:

Angus Charlton; Jacqueline Conolly

Testimonials

The team is on top of everything  and comes highly recommended‘.

Great local knowledge and contacts, excellent relationships with lawmakers, and very experienced partners and associates‘.

Senior associate Angus Charlton takes particular care to be certain that clients have a full understanding of everything that is transacted‘.

Senior associate Jacqueline Conolly is great to work with – she is knowledgeable on all legal and professional aspects of the tasks she handles. She is also always readily available and handles all tasks expeditiously‘.

Key clients

Stone Island

The Watermark

Cayman Islands Airports Authority

Port Authority of the Cayman Islands

Argus Developments

FirstCaribbean International Bank (Cayman)

ABD Investments

Cayman Grand Harbour

Work highlights

  • Advises Stone Island, the developer of 48 high-end luxury waterfront homes, on an end-to-end basis including the original purchase of the site, construction contracts, licences to build, purchase and sales agreements, and the creation of strata titles.
  • Advised The Watermark on the development of a luxury condominium resort development.
  • Advised the Port Authority of the Cayman Islands on 29 commercial leases for tenants at the Royal Watler Port Terminal.

Bedell Cristin

Bedell Cristin, which merged with Solomon Harris in 2018, regularly advises major Cayman-based developers, investors and retail banks on high-profile real estate matters. Inward investment group head Ian Jamieson is a real estate finance expert, and Sophia Harris' expertise includes advising property developers on real estate transactions including local licensing issues.

Practice head(s):

Ian Jamieson

Other key lawyers:

Sophia Harris

Testimonials

The team is very knowledgeable about the laws in Cayman; it is also very responsive and always returns calls or emails within 24 hours, if not immediately‘.

Ian Jamieson is an excellent attorney and deserves his reputation of being a leader in this field; his approach to client relationships is excellent, he is incredibly easy to deal with, and he goes out of his way to be helpful and get things done‘.

Key clients

FirstCaribbean International Bank

Scotiabank & Trust

Cayman National Bank

Butterfield Bank

Fidelity Bank

RBC Royal Bank

Grand Harbour Properties

Campbells

Acting for a range of individuals and corporations, Campbells 'works hard to find solutions'. The team handles all aspects of the purchase, sale and development of residential and commercial property in Cayman, and also assists with the related residential and commercial financing elements. Lily Lee is highly rated.

Practice head(s):

Lily Lee

Testimonials

Lily Lee is very efficient and can be totally relied upon; she is also proactive in advising of any issues likely to arise‘.

Key clients

RBS Royal Bank (Cayman)

Scotiabank & Trust (Cayman)

FirstCaribbean International (Cayman)

Cornerstone Development

Cornerstone Properties

REMAX Cayman Islands

Butterfield Bank (Cayman)

CIREBA

BCQS Property Management

Cayman National Bank

Cayman Islands Sotheby’s International Realty

Work highlights

  • Advised RBC Royal Bank (Cayman) on financing of a development of residential apartments.
  • Assisted Cayman Islands Sotheby’s International Realty with high-net-worth property transactions.
  • Regularly acts for Scotiabank & Trust (Cayman) on lending, refinancing and debt recovery matters relating to residential and commercial property.

Higgs & Johnson

Higgs & Johnson 'meets impossible deadlines without compromising accuracy, and always goes above and beyond to ensure client satisfaction'.  The team advises a range of private clients on complex real estate deals including property purchases and sales, handles complex security transactions, and assists developers with high-end properties in Cayman. Managing partner Gina Berry is the principal contact.

Practice head(s):

Gina Berry

Testimonials

The very experienced and respected team is very knowledgeable and adds great value to clients’ business‘.

A premier lawyer in real estate in Cayman, Gina Berry is a highly skilled and experienced real estate lawyer, who has excellent communication skills and is very honest, punctual and solutions oriented‘.

Boddens

Bodden & Bodden's work spans real estate transactions and developments, conveyancing mandates, financings, leasing matters, construction law, and landlord and tenant issues. Senior partner Sherri Bodden focuses on the securitisation of funding, the conveyancing of large residential and commercial developments and the related licensing requirements. Also key to the group is Lynn Bodden.

Forbes Hare

Forbes Hare, which 'provides a solid and personal service', counts private investors, hoteliers, property developers and landlords and tenants as clients, and regularly handles finance, banking and real estate matters including commercial and residential sales and purchases, leasing and licensing matters, planning issues, construction mandates and strata title work. Sonia Starvis jointly heads up the real estate and local business practice with Barry Smith.

Practice head(s):

Sonia Starvis; Barry Smith

Testimonials

Sonia Starvis’ extensive and comprehensive knowledge of local Cayman laws and regulations makes her stand out from the crowd‘.

Key clients

Cayman National Bank

Butterfield Bank (Cayman)

Scotiabank & Trust (Cayman)

Maples Group

Maples Group's property and projects and construction teams have particular expertise in the sale and purchase of commercial properties, hotel and tourism law, property financing issues, strata title law, construction matters, tendering and procurement work, and real estate-related dispute resolution. Associate George Loutas heads up the practice.

Practice head(s):

George Loutas

Key clients

Atlantic Star

Bank of the Ozarks

Butterfield Bank (Cayman)

Grupo Dolphin

Island Heritage

Kimpton Hotel Group

Port Authority of the Cayman Islands

Remax Cayman Islands

Vista Del Mar Development

Wells Fargo Bank

Work highlights

  • Acted for Bank of the Ozarks on the financing, post-closing renovation financing and eventual discharge of multi- layered charges over the Westin Grand Cayman Resort, Sunshine Suites and ancillary properties.
  • Acted for the Kimpton Hotel Group on the management of the Kimpton Seafire Resort.
  • Advised the Port Authority of the Cayman Islands on the granting of a series of navigational and vehicular easements to numerous stakeholders.

Walkers

Walkers regularly advises international private equity funds, lending institutions, developers, corporations, multinationals and private clients on the Cayman aspects of real estate acquisitions and sales, financing work, developments, management issues and leasings. Senior counsel Stuart Rowe leads the real estate group.

Practice head(s):

Stuart Rowe

Key clients

Ernst and Young

Butterfield Bank (Cayman)

FirstCaribbean International Bank (Cayman)

Scotiabank & Trust (Cayman)

Cayman National Bank

Parkland Fuel Corporation

Invincible Investment Corporation

Cayman Islands Real Estate Brokers Association

Ernst and Young

Deutsche Bank

Grant Thornton

HSBC

Clarien Bank

BNP Paribas

Brown Brothers Harriman

The Ritz-Carlton Hotel Company

Work highlights

  • Advised a Japanese REIT on the acquisition of the Westin and Sunshine Suite Hotels in Grand Cayman.
  • Advised an international financial institution on a construction finance facility for the development of a 40-unit condominium development in Grand Cayman.
  • Assisted a local developer with the development of a residential development comprising 234 units.

Ogier

Ogier assists with complex commercial and residential real estate transactions including the purchase, sale and financing of properties. The practice also handles negotiations with the government and various statutory boards relating to real estate licences and permits. The team comprises James Bergstrom and senior associate Cline Glidden.

Practice head(s):

James Bergstrom; Cline Glidden

Testimonials

The team at Ogier is highly professional yet very relatable, and provides a consistently high level of customer service‘.

Senior associate Cline Glidden is committed to providing a reliable and responsive service, and his personal network brings an unparalleled dimension to achieving the right result‘.

Key clients

Edgewater Development

Peanuts

Heath City Development

Cayman National Corporation

Work highlights

  • Advised a developer on the development of eight luxury town homes.
  • Acted for a lessor on the lease of a gas station convenience store and accompanying land.
  • Advised a developer on the development and leasing of a commercial development.

Priestleys

Priestleys' real estate team is 'knowledgeable, proactive and exceptionally approachable'. The group regularly handles property sales and purchases, development matters, planning and urban development work, leases and licences, management issues and enforcement matters. Daniel Priestley is the key contact.

Practice head(s):

Daniel Priestley

Testimonials

It works hard to guide clients through the process irrespective of their familiarity with Cayman real estate procedures‘.

Daniel Priestley is a seasoned veteran of Cayman residential and commercial real estate transactions; he is commercially sensitive and works hard to avoid technical issues becoming outsized problems that simply drive up fees and costs‘.

The team at Priestleys is the most impressive in Cayman. Daniel Priestley is undoubtedly the leading real estate practitioner in the jurisdiction and acts for a number of developers, institutional investors, individuals and lenders. Daniel and senior associate Laura Birrell have a way of cutting to core issues and an encyclopedic knowledge of the law and regulations. I cannot recommend them highly enough.

Key clients

Rum Point Club

Cayman Enterprise City

Bronte Development

Indigo Bay Development

Dream Big Holdings

Work highlights

  • Acted for Cayman Enterprise City on the development of its main campus site.
  • Acted for a developer on an acquisition of land and the related planning issues, sale of options and agreement for development works.
  • Advised a developer on the redevelopment of a multi-unit luxury residential resort.

Stuarts Walker Hersant Humphries

Stuarts Walker Hersant Humphries regularly advises on the purchase, sale and development of commercial and residential properties in Cayman encompassing hotels, large commercial buildings and multi-unit residential developments. The team also assists with financing matters, leases and tenancy issues. Local business head Buck Grizzel is the main adviser.

Practice head(s):

Buck Grizzel

Key clients

Fidelity Bank

Butterfield Bank

Silver Thatch Heights