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Law firm Blacks Solicitors is celebrating the continued growth of its Real Estate Finance offering, following the appointment of three legal professionals in the past three months, almost doubling the size of the team.
Now responsible for more than 20% of the Real Estate department’s overall turnover, the team has seen its average deal size grow significantly over the past five years, now dealing with more 8-figure transactions than ever before.
With over half of instructions generated through recommendations and long-standing industry relationships, the team has supported more than 240 clients in the last financial year, including Aldermore Bank PLC, Natwest, Together Commercial Finance and Handelsbanken.
The team has welcomed Solicitor, Ugochi Nwabuikwu, Associate Solicitor, Alex Mathias, and Graduate Solicitor Apprentice, Dev Matharu.
Ugochi specialises in secured finance and property refinancing across both separate and dual representation matters, while Alex brings over four years’ experience advising commercial lenders and borrowers on private lending, large investment, and development transactions. Dev joined the team earlier this year and will be assisting the team whilst developing his knowledge in this practice area.
Reflecting on his new role, Alex added: “Joining Blacks' Real Estate Finance team is a fantastic opportunity to contribute to high-value and complex property finance deals. The team has vast expertise in development, bridging, and portfolio finance transactions, and I look forward to further developing my practical, hands-on experience at the firm.”
With an extensive network of clients regionally and nationally, the Real Estate Finance team works closely with high-profile lenders and borrowers. Most notably, the team recently acted for a funder, financing a £24.5 million acquisition of a 200-plus property portfolio in Yorkshire, highlighting their proficiency in high-value, multi-asset deals.
Marcus Kaye, Head of Real Estate Finance at Blacks, said: “We’re delighted to welcome Ugochi, Alex and Dev as we build on the strong progress made in recent years. Their appointments reflect growing demand for our services and further strengthen our Real Estate Finance offering to clients.
“Looking ahead, this expansion underlines our ambition to continue growing the team, broaden our client base and deepen the trusted relationships we’ve built with lenders and borrowers across the market.”
The 34 partner firm provides a wide range of legal services to commercial and private clients in Yorkshire and across the UK. With more than 250 employees, the firm continues to invest in its team as it grows from strength to strength.
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