Real Estate
Global Guide 2024 : Cayman Islands
Band 1
About
Provided by Appleby
Appleby is a Tier 1 firm and remains the powerhouse in the Cayman real estate sector, leading in the luxury resort, commercial, residential, infrastructure and financing sub-sectors of the market – no other firm can claim the same level of experience across the full range of transactional real estate. For example, Appleby represented the five major retail banks on over US$200m of new real estate finance over the last year (approx. 35% increase year on year).
We have a uniquely experienced and growing team of lawyers and support staff practising exclusively in this field (based on number and experience of team members and their day-to-day exposure to complex and high value transactions). Managing Partner and Head of Property Norman Klein and Partner Adam Johnson are two of the most respected real estate practitioners in Cayman.
Chambers Review
Appleby has a leading real estate practice in the Cayman Islands, advising clients on a variety of residential, hospitality and commercial developments. The team has extensive experience concerning luxury resorts and the real estate aspects of major infrastructure projects. It often advises major banks on real estate finance matters, as well as representing high net worth individuals in the acquisition and disposal of Cayman properties. Other clients include strata corporations.
Work Highlights
- Appleby advised Lacovia, a strata corporation, on a major redevelopment project encompassing approximately 100 apartments.
Strengths
Provided by Chambers
"Appleby is the law firm to go to for real estate and corporate finance. They have a very experienced team which has exposure to the highest level of transactions."
"The firm is extraordinarily responsive and adaptable. They can handle anything I throw at them."
"Appleby's strength and depth in the real estate arena are unmatched."
"Appleby is always on top of the market and keeps up-to-date with regulatory matters."
"Appleby is the law firm to go to for real estate and corporate finance. They have a very experienced team which has exposure to the highest level of transactions."
"The firm is extraordinarily responsive and adaptable. They can handle anything I throw at them."
"Appleby's strength and depth in the real estate arena are unmatched."
"Appleby is always on top of the market and keeps up-to-date with regulatory matters."
Notable Practitioners
Adam Johnson is a leading real estate lawyer in the Cayman Islands and has a very strong reputation in the market. He frequently assists with major development projects, as well as real estate finance matters. He has experience relating to a wide range of asset types including residential, hospitality and office properties.
"Adam is a pleasure to work with. He is extremely knowledgeable, approachable and commercially focused. He is responsive, smart and delivers great results while progressing transactions in a collegiate and commercial manner."
"I consider Adam to be the go-to lawyer in the Cayman Islands for any real estate-related work. He is professional, thorough and extremely efficient."
"There is no lawyer I trust more to masterfully handle the most complex of property matters."
Cayman Islands managing partner Norman Klein is an experienced and respected figure in the real estate market. He regularly advises on major real estate development and finance matters. He is also notable for his knowledge of hotel and resort properties.
"Norman has years of experience and I consider him the pre-eminent real estate attorney in Cayman. He is informative when changes to the law occur, and anticipates and explains in simple terms emerging risks or opportunities."
"Norm Klein has experience of international transactions and is very highly respected in Cayman; he is very knowledgeable."
Tim Swallow is a notable senior associate who continues to develop his reputation for Cayman Islands real estate work. He acts on a variety of residential and commercial development mandates, and regularly counsels clients on portfolio management.
"Tim is an excellent associate. Like his colleagues he is fantastic to deal with, knowledgeable and pleasant. He has a good grasp of Cayman real estate law, especially commercial leasing."
"He is extremely approachable and responsive, and is efficient at handling multiple sale contracts."
"Tim is proactive and points out potential business risks. He willingly goes the extra mile."
Ranked Lawyers at
Appleby
Cayman Islands