Calvin Ng
Partner
London
calvin.ng@lw.com
+44.20.7710.1117
PRACTICES
- Real Estate
- Restructuring & Special Situations
- Structured Finance
INDUSTRIES
- Financial Institutions
EDUCATION
- Bachelor of Laws (First Class Honours), University of Sydney, 2009
- Bachelor of Commerce, The University of Sydney, 2007
First Class
LANGUAGES SPOKEN
PROFILE
Calvin Ng advises clients on a full spectrum of real estate credit transactions across Europe.
Calvin combines extensive experience across product classes with creative problem-solving to represent sponsors, investors, and financial institutions in:
- Real estate financings and credit investments throughout the capital structure
- Investments in non-performing loan (NPL) portfolios
- Establishing and funding European real estate lending platforms
- Real estate backed structured financings and securitizations
He serves on the board of trustees of Chats Palace, a community arts center based in East London.
EXPERIENCE
Calvin’s representative experience includes advising:
- Cerberus on multiple investments, including:
- The senior and mezzanine financing of its UK and European logistics platforms
- Establishing and financing its Spanish residential rental property platform
- Financing multiple large-scale real estate joint ventures in Spain (with Banco Sabadell, BBVA* and Santander*)
- The acquisition financing of multiple NPL and real estate owned (REO) portfolios across Europe, including in Portugal, Spain, Italy, Germany, the UK, and Ireland*
- Waterfall on:
- Its investment in a number of commercial real estate lending platforms in the UK and associated warehouse financing
- Multiple asset backed and NAV financings of its European mortgage backed portfolio
- The acquisition financing of the Project Chamonix portfolio of Spanish NPLs and REOs
- KKR on:
- The acquisition financing of the Project Galapagos portfolio of Spanish NPLs and REOs
- An Irish development project backed loan-on-loan financing
- Ares on its preferred equity investment alongside Lone Star into Quintain, a UK property investment and development business
- Partners Group on a number of its UK real estate financings, including in respect of its logistics strategy
- An international real estate investor on its mezzanine investment into a residential development in London
- Alliance Bernstein on the provision of holdco financing to a student accommodation group
- A sovereign wealth fund on its debt and equity investments into a landmark London department store
- Goldman Sachs on the warehouse financing of multiple portfolios of re-performing loans in Spain
- Bank of America on its special situations lending into a UK student accommodation group
- Barclays Bank on the private warehouse and public securitization financing of Vantage’s UK data centre assets (the first of its kind in EMEA)
- Deutsche Bank on:
- Refinancing a portfolio of Greek NPLs acquired from Pireus Bank
- The securitization financing of a UK and Dutch billboards business
- CPPIB on its acquisition financing of the Project Anfora portfolio of NPLs and REOs from BBVA*
- Nomura on multiple:
- Real estate and real estate backed financings in Germany and Spain*
- Credit insurance wrapped trade receivables financings in Spain*
- Davidson Kempner on its:
- NPL securitization of Banco Montepio originated assets in Portugal*
- Structured refinancing of certain loans and hospitality assets acquired from Bankia*
- The sponsor on financing its acquisition of the Omtel Portuguese telecom towers business from Altice*
* Matter handled prior to joining Latham