Partha S. Pal is a shareholder in the London office of Greenberg Traurig, LLP, qualified to practice in England and Wales. His main area of practice is real estate finance, where he has more than 20 years experience of a wide variety of transactions, in both the lending and the structured debt capital markets, acting for both providers and users of leverage.
The Legal 500 UK 2024 guide recognises Mr. Pal as a Leading Individual in relation to real estate finance. The directory quotes a source as saying “Partha Pal is undoubtedly one of the best banking/structured finance lawyers in London. Excellent qualifications, industry knowledge, commercial, efficient and superior client service.” Other commentators note that he is “a highly attentive and diligent partner that leads all parties through a transaction. He will find solutions to commercial problems and ensures lender’s interests are protected.”
Sources are equally positive about the team led by Mr. Pal, saying “the GT Team are well resourced, which results in a high level of attention and coverage throughout the transaction. They are able to bring in experienced subject-matter experts as necessary to address concerns which may arise on any deal, and will work to tight deadlines when needed. We have a great amount of trust in their ability to be pragmatic and deliver commercial solutions to get a deal over the line.”
Mr. Pal has experience of financing transactions in respect of all major commercial real estate asset types including assets which involve active operation such as student accommodation, common work spaces, petrol stations, data centres, hotels and private rented sector/build to rent assets (PRS/BTR). In addition, he has considerable experience of loan-on-loan financing and loan repo arrangements as well as sophisticated capital markets products relating to commercial real estate, particularly commercial mortgage backed securities and real estate related non-performing loan securitisations. He also advises regularly on regulatory matters relating to investments in securitised products, particularly in relation to risk-retention considerations. In his career, Mr. Pal has led the execution of real estate finance transactions involving assets in the UK, Ireland, France, Germany, Italy, Spain, Sweden, Poland, the Czech Republic, Portugal, the Netherlands, Belgium, Switzerland, Korea and Hong Kong. He has practiced in England, New York and Singapore.
Mr. Pal has served as a co-chair of the Commercial Real Estate Finance Council Sub Committees on hedging and on the financing of the PRS/BTR sector. In respect of the latter, he played a significant role in authorising CREFC's report.
Concentrations
•Commercial real estate finance (lender and borrower representations; whole loan, senior loan and mezzanine loans; investment finance and construction finance; distressed and rescue financings)
•Cash-flow and synthetic commercial mortgage backed securities
•Commercial real estate loan sales
•Commercial real estate loan-related whole sale financing arrangements
•Non-performing loan sales and securitisations
•Fund financings relating to commercial real estate funds
•Related financial restructuring and regulatory matters
Recognition & Leadership
Awards & Accolades
•Listed, Best Lawyers in the United Kingdom, Real Estate Finance, 2025
•Listed, Lawdragon, 500 Leading Global Real Estate Lawyers, 2024-2025
•Team Member, PERE Global Awards, Law Firm of the Year: Fund Formation in Europe, 2018
•Leading Individual, The Legal 500 UK 'Property Finance,' 2023-2024
•Listed, The Legal 500 UK, 2015-2026
•Property Finance, 2015-2026
•'Leading Partner,' 2023-2026
•Securitisation, 2016-2018
•Structured Products, 2018
•Derivatives, 2018
•Emerging Markets Finance, 2015