Arini Arranges £186 Million Refinancing for Riverstone Living
Deal News | Jul 28, 2025 | Paul Hastings
Paul Hastings (Europe) LLP has successfully advised Arini, an alternative credit manager, on a £186 million refinancing package for Riverstone Living, a high-end UK retirement living owner and developer backed by Goldman Sachs. The refinancing is intended for Riverstone Living’s 190-apartment scheme located at Royal Warwick Square in Kensington, London. Real Estate Finance partners Miles Flynn and Rehan Hanif led the transaction with support from associate Emmanuel Wiafe and senior paralegal Angela Morgan. The Paul Hastings team was involved in various facets of the deal, including initial structuring, term sheet negotiations, financial documentation, real estate due diligence, and closing. Paul Hastings is known for its exceptional legal services, offering intellectual capital and execution prowess to a range of global clients.
Sectors
- Real Estate
- Financial Services
- Legal Services
Geography
- United Kingdom – The refinancing deal is for a real estate project located in Kensington, London, a part of the United Kingdom.
Industry
- Real Estate – This industry is relevant as the article involves the refinancing of a real estate development project.
- Financial Services – Financial services are crucial in this context as the article discusses a refinancing solution involving a credit manager and legal advisors.
- Legal Services – The involvement of Paul Hastings, a law firm, in advising and executing the deal connects this article to the legal services industry.
Financials
- £186 Million – The value of the refinancing package arranged for Riverstone Living's project.
- $10 Billion – Assets under management by Arini, the credit manager involved in the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings (Europe) LLP | Legal Advisor | Company | A premier law firm advising on the refinancing transaction. |
| Arini | Target Company | Company | An alternative credit manager involved in the refinancing arrangement. |
| Riverstone Living | Target Company | Company | A high-end UK retirement living owner and developer, backed by Goldman Sachs. |
| Goldman Sachs | Backing Entity | Company | Providing backing for the Riverstone Living project. |
| Miles Flynn | Real Estate Finance Partner | People | A partner at Paul Hastings leading the refinancing deal. |
| Rehan Hanif | Real Estate Finance Partner | People | A partner at Paul Hastings leading the refinancing transaction alongside Flynn. |
| Emmanuel (Manny) Wiafe | Associate | People | An associate at Paul Hastings involved in the transaction. |
| Angela Morgan | Senior Paralegal | People | A senior paralegal at Paul Hastings involved in the refinancing process. |