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.