About

Provided by Gadens

Gadens’ Banking & Finance Team has extensive expertise and experience across the full range of banking and finance transactions including secured and unsecured facilities, bilateral loans, club facilities, syndicated facilities, subordinated and mezzanine financing including related intercreditor arrangements, domestic and cross-border financings. 


Work highlights:

  • CBR Development Group - Gadens acted for developer CBR Development Group in an A$66.5m senior construction facility with National Australia Bank and A$10.6m mezzanine facility with Wingate in respect of the residential apartment project known as 'Promenade' consisting of 199 apartments and 2 commercial lots over 31 levels and 150 car parking spaces in Box Hill, Victoria.
  • Commonwealth Bank of Australia - Gadens acted for the Commonwealth Bank of Australia on an A$260m facility to Sentinel Property Group for the acquisition of Casuarina Square, Darwin, NT and Caneland Central, Mackay, QLD shopping centres.
  •  CVS Lane - Gadens acted for CVS Lane in respect of an A$20.275m senior syndicated facility providing development finance to construct 53 independent living units and community recreation facilities for a retirement village in Mango Hill, Queensland.
  • MaxCap - Gadens acted for MaxCap on an A$56m land facility provided to the DD Living Group for the “Burly Residences” development, a 25-level premium beachfront tower with 100 luxury apartments and resort style amenities.


Chambers Review

Provided by Chambers
Banking & Finance: Property Finance - Australia
4
Band 4
What the team is known for

Gadens is noted for its strong domestic practice with a prominent regional capability. The banking and finance team acts primarily for major domestic banking institutions, especially in matters relating to real estate, property and construction finance, including structured and syndicated finance. The team also advises borrowers on the financing agreements for real estate acquisitions and developments. The law firm operates within the institutional bank, corporate bank, commercial bank, business bank, retail bank and self-managed superannuation fund markets. Its key clients include Commonwealth Bank of Australia, CBR Development Group and Centuria Bass.

Work Highlights

Provided by Gadens
  • Gadens acted for IDA Property Finance in a AUD76 million facility to fund the acquisition of land parcels in Werribee, in Victoria.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Kenneth Tang
3
Kenneth Tang
3
Band 3

Kenneth Tang concentrates on large and complex deals in the acquisition finance space. He is noted for his considerable experience in unitranche financing, as well as funds.

Ranked Lawyers at
Gadens

Provided by Chambers
Filter by
Band

Australia

Banking & Finance: Acquisition Finance

Kenneth Tang
3
Kenneth Tang
3
Band 3

Members

Provided by Gadens

Elliot Raleigh

Head of Department

Renae Suttor

Clients

Provided by Gadens

Asset managers

Banks

Non-bank financiers

Offshore lenders

Private equity houses

Property developers

Superannuation funds

Unlisted corporate borrowers

Industries

Provided by Gadens

Financial services, healthcare, manufacturing, funds management, hotel/ hospitality and real estate & construction where we are experts in Australia