Focus Areas:
Banking and Finance Law, Property and Development Finance, Real Estate Acquisition Finance, Mining and Resources Project Finance, Syndicated and Bilateral Loan Facilities
Luke McShane joined Wright Legal in 2016 as a banking and finance lawyer and has been practising law since 2011.
As an integral member of our team of banking and finance specialists, Luke works across a number of sectors, with particular focus on development projects, real estate and natural resources. He has assisted clients with the financing of resources and infrastructure projects within Australia and overseas, as well as property, acquisition and general corporate finance matters.
Prior to joining Wright Legal, Luke worked in the finance, real estate and projects team at Herbert Smith Freehills in Perth. He brings a strong commercial understanding to transactions having spent four years working in a project management role for a commercial property developer before commencing his career in law.
The lowering of interest rates and the search for yield has seen more funds flow into investment houses and other non-bank lenders financing projects in the property sector. Access to credit for property developers has also become increasingly difficult with banks tightening their lending criteria post the banking royal commission. Together, these factors have contributed to a recent increase in both the volume and size of transactions undertaken by non-bank lenders. In particular, we have seen prevalence of the following types of transactions:
