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NEWS

Paul Hastings Advises Oaktree Capital Management on €200 Million Back Leverage Facility From J.P. Morgan to Support Xenia Capital

May 07, 2025

Paul Hastings (Europe) advised Oaktree Capital Management as borrower in connection with a €200 million loan-on-loan warehouse facility from J.P. Morgan following on from the acquisition of Xenia Capital, an Iberian real estate financing platform.

Xenia Capital finances developments across Iberia, including in Madrid, the Costa del Sol and Barcelona. Its portfolio encompasses a diverse range of assets, including build-to-rent, residential, co-living and five-star hotels.

Real Estate Finance partners Miles Flynn and Rehan Hanif led the Paul Hastings team, which also included Angela Morgan and Abby Hung. The team advised on all aspects of the transaction, including the initial structuring, term sheet, finance documents and closing.

About Paul Hastings

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations. For more information, visit www.paulhastings.com.

Practice Areas

Real Estate Finance


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