Bank financing of KES 600 to 800 million estate developments

As part of the team that took the lead on the financing of major residential and estate construction projects in Nairobi and Kiambu Counties, in which banks injected capital into joint ventures and estate developments valued on average at approximately KES 600 million to KES 800 million per project, advising the lending bank and taking a lead role in the financial transactions, including: due diligence on the project land, titles and developers; structuring the bank’s participation and security arrangements; drafting and negotiating the facility, joint venture and security documentation; creating, registering and perfecting charges over the project land and the titles to individual portions; and managing the release of titles to individual units as sales completed.