Next Generation Partners

Real estate in Cayman Islands

Appleby

Across the commercial, residential, infrastructure, luxury resort, and property financing sub-sectors of the Cayman Islands real estate market, Appleby continues to distinguish itself as the foremost choice of counsel. It has a strong recent history acting for all major lenders in some of the market’s most significant financing transactions, while also maintaining an impressive client base of large developers, HNWIs, utility providers, and the Cayman Islands government. Highly rated by clients, with one singling him out as ‘the best real estate attorney on the islands‘, senior figure Norman Klein oversees the practice and is also the firm’s Cayman Islands managing partner. ‘Proactive, knowledgeable and excellent to work with‘. Adam Johnson is a leading name in the practice area and especially stands out for tourism, large scale development and infrastructure projects. Tim Swallow is a further key name recommended by clients, building a strong and broad transactional real estate practice.

Praxisleiter:

Norman Klein


Weitere Kernanwälte:

Adam Johnson; Tim Swallow


Referenzen

‘Appleby have an excellent property team. Since Norman Klein has moved up to global managing partner, Adam Johnson has really stepped up as a leader in the department. He is very well respected in the market and in Tim Swallow has an excellent deputy. Alongside us, we see them on most large deals and when working together, we find them very responsive, knowledge and commercially savvy. They are a very good and impressive team.’

‘Adam Johnson continues to be pre-eminent in his field. He is proactive, knowledgeable and excellent to work with and is liked a great deal by fellow attorneys and clients alike. Tim Swallow is very good as well, sensible, responsive and commercially astute.’

‘Appleby has a real estate team consisting of outstanding attorneys and veteran paralegals which is not matched by any other team in the Cayman Islands.’

Kernmandanten

Royal Bank of Canada Group


Butterfield Bank Group


FirstCaribbean International Bank (Cayman) Limited


Scotiabank Group


Cayman National Group


Proven Group


NCB Group


Seafire Residences / Seafire Resorts


Beach Bay Land Ltd / Mandarin Oriental Hotel & Resort


Sterling Mortgage Income Fund, Ltd.


Davenport Development


Tenn Capital


Dart Group


Aqua Bay Condominium Redevelopment Committee


Barkers Beach / Vida Ocean Adventure Lodge


Foster Group


Lacovia Condominium Redevelopment Committee / Strata Plan


ONE GT


Global Property Investments Ltd.


The Sands


Harbour Walk


Island Bliss Construction and Development


Boslil Bank (St Lucia)


DMS Organisation


Alien Investments


North Sound Views


EFG Bank (Cayman)


Cayman Property Investments Ltd.


Tailwind Capital


Cayman Rugby Football Club


Prosecco Group


First-Mid Bank Ltd.


CADS Holdings Ltd.


EON Consulting Ltd.


The Pearl Ltd.


Palm Suites Ltd.


Cornerstone Group


Highlight-Mandate


  • Advising the Lacovia Strata Corporation on its redevelopment project comprising almost 100 new condominiums.
  • Representing the developer of ONE|GT as borrower’s counsel on the developer’s $60m syndicated loan facility.
  • Represented Butterfield Bank (Cayman) on its provision of its $40m financing to Dolphin Point Developments.

Bedell Cristin

The ‘deep expertise, client-centric approach, and innovative practices‘ of Bedell Cristin‘s real estate offering is appreciated by its client roster of household name banks, high-net-worth investors, and institutional lenders that operate in the Cayman market. Ian Jamieson leads a department that is regularly seen on high-profile property transactions and developments, across both commercial and residential projects and he is especially experienced with hotel developments. Michael Sharvin assists with commercial leasing, residential and commercial acquisitions and disposals, investment, development and real estate finance work, while Richard Parry lends his expertise to real estate disputes. Daniel Altneu‘s expertise in immigration, residency and estate planning matters adds breadth to the practice’s offering.

Praxisleiter:

Ian Jamieson


Weitere Kernanwälte:

Richard Parry; Michael Sharvin; Daniel Altneu


Referenzen

‘Ian Jameson and Daniel Altenu have all the attributes needed.’

‘Perseverance, communication, technical knowledge, analytical skills.’

‘The team at Bedell Cristin work on some complex transactions. They are highly responsive and capable with a great understanding of the law as it relates to real estate but also how real estate transactions for UHNWI affect other areas of the clients portfolio.’

Highlight-Mandate


Carey Olsen

Commercial and residential real estate and development projects are the focus of Carey Olsen‘s real estate practice, which is counsel of choice to developers, lenders, landlords, and purchasers across the market. Infrastructure projects and construction law also continue to develop at the firm. Practice head Richard Sykes is a key figure for complex real estate transactions and structuring work, while on the financing side Richard Munden is a name to note, also assisting with hotel projects and and array of M&A transactions. Hospitality project expert Nick Bullmore is a further key contacts. In December 2023, Harriet Mills joined the practice, adding strong experience in sizeable retail projects.

Praxisleiter:

Richard Sykes


Kernmandanten

Regen


Pageant Beach Hotel Ltd


NCB Group


RBC Cayman Limited


Cayman National Bank Limited


Artex Risk Solutions


Butterfield Bank Limited


DECCO


Calma Holdings (developer of The Grove)


Scotiabank & Trust (Cayman) Ltd.


Highlight-Mandate


  • Advising Regen on all Cayman aspects of a PPP project.
  • Advising Pageant Beach Hotel on developing a 5-star hotel and residences on Seven Mile Beach.
  • Advising NCB Group on its newest developments:|Waves – oceanfront 16 units||Sundance – oceanfront 12 units||Aura – oceanfront 39 units.

Collas Crill

'Efficient and knowledgeable' practice head Gina Berry leads the real estate department at Collas Crill, which excels in land transformation and infrastructure projects and is well versed in matters involving government liaison. The practice is also a strong choice in private client residential acquisitions. Berry is experienced in complex security transactions and has an impressive client list of banks and financial institutions. Alistair Wade has strength in property litigation, and also adds experience when it comes to acting for some of the major commercial landlords.

Praxisleiter:

Gina Berry


Referenzen

‘Gina Berry is very responsive, accurate, and has a can do attitude.’

‘Collas Crill provides a diverse team, with a broad range of expertise and in-depth knowledge of local legal matters, along with the unusual colloquialisms, backed by global experience and current legal best practice.’

‘The individuals we work with include Gina Berry and Alistair Wade who are the dream team in real estate, able to proactively address all concerns and matters arising. They are super-efficient and responsive.’

Kernmandanten

CIBC First Caribbean International Bank


CICSA Credit Union


Cayman National Bank


Cricket Square Group


Scotiabank Group


Royal Bank of Canada Group


Butterfield Bank


Public Service Pensions Board


Highlight-Mandate


  • Advising the Cricket Square group of companies on all aspects of its expansion, property acquisitions, service agreements and leasehold arrangements.
  • Advising a HNW client on corporate structuring and acquisition of units in Watercolours, Aqua Bay and Watermark.
  • Acting for trustees of a US Trust in the purchase of an upscale predevelopment condominium and assisitng when contractual development deadlines were not met.

Ogier

Residential projects are a strong focus of the real estate group at Ogier, which has a notable client base of HNWIs. Transactions ranging from permanent residences, developments, large infrastructure assets, residential land, commercial buildings and condominiums are all within the wheelhouse of the practice. James Bergstrom heads the team and is vastly experienced in an array of transactional issues across real estate in the jurisdiction. He is ably supported by Cline Glidden, who is strong on securitisation of funding, conveyancing of large residential and commercial developments, and licensing requirements. Jon Hughes joined the practice as counsel in May 2024.

Praxisleiter:

James Bergstrom


Referenzen

‘Some of their senior partners have much experience in the Cayman market. ’

‘They take time to spend with clients and one never feels rushed.’

‘The Ogier brand and reputation is strong however their main advantage is Cline Glidden whose connections in the industry and outside are extremely valuable in getting deals across the line.’

Priestleys

An experienced real estate team at Priestleys is a familiar figure in development projects on the islands, while also recently acting in a number of cryptocurrency transactions in the property space. Clients include an array of the major developers operating in the Cayman Islands. Practice head and founder of the firm Daniel Priestley is well versed in major commercial developments in Cayman, including infrastructure projects. He is supported by Nick Hemus, who has a considerable role and engages with clients across the full scope of the practice's workload.

Praxisleiter:

Daniel Priestley


Referenzen

‘Nick Hemus at Priestleys who is very good to work with. Very knowledgeable and proactive. He has a very good reputation amongst his peers and is well liked by clients.’

‘The firm has a deep understanding of commercial law and consistently provides expert advice tailored to our business needs. Their meticulous approach to legal documentation and due diligence ensures that no detail is overlooked. The firm offers strategic insights that help us navigate complex legal landscapes and make informed business decisions.’

‘The team comprises specialists in various fields of commercial law, employing seasoned attorneys with extensive experience and a proven track record in handling complex legal issues.’

Kernmandanten

CP Land Co, Ltd.


NWPR Group, Ltd.


Dolphin Point Developments Ltd


Cayman Enterprise City Ltd


Adare Holdings Ltd


Butterfield Bank (Cayman) Limited


Cayman National Bank Limited


Proven Bank (Cayman) Limited


Ocean Cabanas Ltd


RBC Royal Bank (Cayman) Limited


Smith Development Limited


90 North Church Street Ltd


Build (Cayman) Limited


City Services ‘Cayman’ Ltd


Heritage Holdings Limited


Xianglong Development Co Ltd.


Highlight-Mandate


  • Advising Dolphin Point Developments on securing of construction financing for the development project Dolphin Point Club.
  • Advising Heritage Holdings on creating bespoke suite of documents for their pipeline developments.
  • Acted for cryptocurrency investors on the first seven cryptocurrency real estate purchases in the Cayman Islands.

Campbells

Praised for its 'depth of understanding of the local market', Campbells' real estate team assists with a variety of financing in the area, as well as on local developments. Security loans, developers' joint ventures, and sale and purchase agreements are among the regular instructions brought to the practice, which is led by corporate partner Lily Lee. She is supported by Tyanna Jan; the two 'work seamlessly together'.

Praxisleiter:

Lily Lee


Weitere Kernanwälte:

Tyanna Jan


Referenzen

‘I have no hesitation in referring customers to Campbells, specifically the property/corporate division. The staff are extremely knowledgeable and they offer great customer service.’

‘I have 100% confidence that any customer I refer to Lily Lee and her team they will be well taken care of.’

‘Tyanna Jan – works hand in hand with Lily Lee, they work seamlessly together to make sure their customers have the best experience with their office, timelines and deadlines are met and communication between themselves and their customers is great.’

Kernmandanten

FirstCaribbean Bank (Cayman) Ltd.


Royal Bank


Scotiabank & Trust (Cayman) Limited


Butterfield Bank


Cayman National Bank


Proven Bank (Cayman) Limited


IP Driver Projects Limited


Cancay Holdings Limited


Seacrest Condominums


Buttonwood Park Limited


Highlight-Mandate


  • Acted for Royal Bank on the financing of the Serrana project development.
  • Acted as lead counsel to Buttonwood Park Limited for a new educational development in the Cayman Islands.
  • Actingfor a new luxury condominium development located on Seven Mile Beach, Grand Cayman.

Stuarts Humphries

Buck Grizzel leads the real estate work at Stuarts Humphries and as the firm's head of local legal services has broad, complementary skills across corporate, commercial, probate and immigration law. The practice is frequently counsel to banks and other lenders, property owners, purchasers, developers, real estate brokers, and agents, and assists with hotels, large commercial buildings and multi-unit residential developments. The other key contact alongside Grizzel is banking and regulatory practice head Jonathan McLean.

Praxisleiter:

Buck Grizzel


Weitere Kernanwälte:

Jonathan McLean


Referenzen

‘Competent staff with client focus. 

‘We recommend Buck Grizzel and Chris Humphries.’

Kernmandanten

George Town Entertainment District (GTED Ltd.)


Butterfield Bank (Cayman) Ltd.


Cayman National Bank


Harbour View Investments Ltd.


Highlight-Mandate


  • Advised GTED on the real estate purchasing, negotiation and contractual agreements for commercial real estate development comprising 29 land lots.
  • Acted for Cayman National Bank as the lender on various real estate loans.
  • Acted for Harbour View Investments on the refinancing of a leasehold commercial property and various contractual agreements.