Thomson Snell & Passmore handles a busy workload, including advice on secured lending structures, project and acquisition finance, as well as loan note structures and consideration arrangements. Matthew Grogan leads the real estate finance work of the firm, which is a core pillar of the practice, while Joanne Gallagher heads the wider corporate team and advises on secured funding, venture capital, and private equity transactions.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘The firm has the breadth at every level to cater to all needs whilst producing results at a very high standard, which is rare.’
- ‘Excellent knowledge, speedy communication and responses.’
Key clients
- Close Brothers Limited
- Paragon Development Finance Limited
- Quantum Development Finance Limited
- Commercial Acceptances Limited
- Shawbrook Bank Limited
- LendNet Property LLP
- LendInvest Security Trustees Limited
- Dantis Capital Limited
- Tradelend Limited
- Yellow Tree Capital (Loans) Limited
- Impact Lending Limited
- Propfin Limited
- Aldermore Bank Limited
- Lloyds Bank plc
- Handelsbanken plc
- Barclays Bank Plc
- Royal British Legion Industries Limited
Work highlights
Advised Quantum Development Finance Limited on a development loan facility of £14,5m with a GDV of £21m for the construction of 103 apartments on an old infirmary site.
Advised Close Brothers Limited in respect of a development loan facility of £5,400,000 to assist a well-known developer to create 33 new luxury apartments on a historic ex-military site in Surrey. The ultimate gross development value of the project was £10,000,000.
Advised Paragon Development Finance Limited on a combined bridge facility and investment facility to two connected borrowing vehicles over a distressed, large part-completed development site in Hertfordshire.
Practice head
Matthew Grogan; Joanne Gallagher