Mount Street Mortgage Servicing’s Acquisition of a Portfolio of Shopping Centre Loans

In UK Edwin Coe, advised on the matter.

Edwin Coe advised Mount Street Mortgage Servicing Ltd with a team including James Walton (Picture – Finance).

Mount Street Mortgage Servicing acquired Project Mercatus, a portfolio of shopping centre loans, from Natwest.

Mount Street will service the loans on behalf of a consortium, which comprised Attestor Capital, an experienced purchaser of loan portfolios, Ellandi, an experienced asset manager of such properties, and Octane Capital.

The Project Mercatus portfolio comprised debt of over £400 million, and is secured on institutionally owned shopping centres.

Mount Street is a global provider of loan servicing solutions to investors and lenders across a wide range of credit markets.

James Walton (Picture), finance partner at Edwin Coe, advised on the deal.

Involved fees earner: James Walton – Edwin Coe;

Law Firms: Edwin Coe;

Clients: Mount Street Mortgage Servicing Ltd;

Author: Giulia Di Palma