Colin Hurt
Head of the Real Estate Finance team acting for financial institutions and borrowers securing facilities against all types of property. The range of work includes funding investment portfolio acquisitions, development finance and involves both senior and mezzanine lending.
Tel: +44 (0)870 733 0585
Email: colin_hurt@wragge.com
Best brains in …
Mortgages, taking security over development sites, overage and profit share agreements.
Highlight of your career so far?
Advising the European Investment Bank on the secured funding of the development of the BA World Cargo terminal at Heathrow.
Most challenging job you have ever done?
Advising the Bank of Scotland on the English property aspects of the provision of debt facilities to UK Retail Portfolio 1 Limited and UK Retail Portfolio 2 Limited, to fund the acquisition of UK-wide property portfolios.
What about outside the UK?
Acting for a number of Danish banks lending to Danish investors, secured on real estate in the UK.
What's your definition of going the extra mile and when have you done it?
A site visit to an aluminium smelting plant.
Best example of a creative legal solution?
Working on the transfer of beneficial interests in mortgage books on the first securitisations.
When have you ever given a client a real competitive edge?
By understanding the different tax treatment of profit share being calculated by reference to sale proceeds or open market value.
What's been written or said about you that you're most proud of?
Legal 500 2007 in the Property Finance section; 'Wragge & Co LLP enters the ranking on the back of its financing work for various Danish investors and for RBS in the mid-market and Colin Hurt is the contact'.
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