BERLIN – March 20, 2025 – Global law firm Greenberg Traurig advised FAP Group on the structuring and launch of a new real estate debt fund for a global U.S. investment manager. This fund, with a total volume of up to €1 billion, will issue whole loans for the German real estate market.
The new whole loan program aims to offer investors and project developers flexible financing solutions for real estate investments and developments. With loan tranches of €30 to €300 million, the program addresses the current lack of market liquidity and offers solutions for re- and post-financings as well as new financings.
FAP Group is an independent advisory firm for the procurement and structuring of capital for real estate investments and project developments. Founded in 2005, the Berlin-based company advises on and structures capital with a volume of over €18 billion. FAP Invest GmbH will act as investment advisor to the new fund.
Greenberg Traurig lawyers advised on all aspects of the fund structuring, including regulatory requirements and tax optimization.
Background:
Greenberg Traurig has advised FAP on investment and financing issues since 2017. Most recently, the team, led by Partner Dr. Kati Beckmann, advised FAP Group on the structuring of a real estate debt fund with a target volume of €500 million as a sustainable financial product in accordance with the EU Disclosure Regulation. The fund was one of the first real estate debt funds in Europe to bear the Article 9 seal of the Sustainable Finance Disclosure Regulation (SFDR).