Xenia Capital Boosted by Oaktree's €200 Million Finance Move

Paul Hastings (Europe) recently advised Oaktree Capital Management as the borrower in a substantial €200 million loan-on-loan warehouse facility from J.P. Morgan. This financial arrangement follows Oaktree's acquisition of Xenia Capital, an Iberian real estate financing platform. Xenia Capital operates in the Iberian Peninsula with a focus on financing developments in Madrid, Costa del Sol, and Barcelona. Their diverse portfolio includes assets such as build-to-rent, residential, co-living, and five-star hotels. The Paul Hastings team, led by Real Estate Finance partners Miles Flynn and Rehan Hanif, provided comprehensive counsel on various aspects of the transaction including the initial structuring and closing phases. Paul Hastings is renowned for its expert teams across core practices, supporting leading investment banks and asset managers worldwide.