Real Estate, Lodging, and Leisure

Houlihan Lokey has decades of leadership in providing objective advice to public company boards and special committees. Our senior financial professionals have extensive experience in providing tailored guidance to help our clients thoroughly evaluate and analyze a range of strategic situations. We provide robust and innovative M&A leadership, build deep client relationships on the foundation of trust and discretion, and help navigate the challenges of complex situations and conflict-prone transactions from start to finish.

Sectors

Skyscraper of office building with curve glass window

Our finance professionals maintain a grasp on the “pulse of the market” through deep, senior-level relationships with key industry participants.

Additionally, we are involved with the most recognized names in the real estate industry across a wide variety of sectors. With local market knowledge and a global investor reach, our experienced staff can access the leading public, private, and institutional real estate investors and lenders. We serve clients in a broad range of sectors, just some of which are listed here.

Gaming
Healthcare
Homebuilding and Land Development
Industrial
Lodging and Leisure
Manufactured Housing
Multifamily
Net Lease
Non-Traded REITs
Office
Retails
Self-Storage
Single-Family Residential
Real Estate Finance

Our clients include

Real Estate Investment Trusts (REITs)
Real Estate Operating Companies (REOCs)
Public and Private Institutional Investors
Public and Private Sector Developers
Management and Real Estate Services Companies

Selected Transactions

Country Garden Holdings Company Limited has successfully completed the restructuring of its USD 17.7bn offshore indebtedness

Company Advisor

Sunac China Holdings Limited has successfully completed the restructuring of its USD 9.6bn offshore indebtedness

Company Advisor

Accentro Real Estate AG has completed a debt-for-equity swap through a German StaRUG proceeding and received €77m of new money

Bondholder Committee Advisor

Kaisa Group Holdings Limited has completed the restructuring of its USD 16.9bn offshore indebtedness

Company Advisor

Shimao Group has successfully completed a restructuring of its $11.5bn of offshore debt

Ad Hoc Group Advisor

Adler Group S.A. has raised €281m through a tap issuance under its existing 1L Notes to finance the cash tender offer by its subsidiary Adler Real Estate AG, repurchasing around 95% of its €300m Senior Secured Notes

Financing Advisor

Sino-Ocean Group Holding Limited has successfully completed a restructuring of its $6.3bn offshore debt

Company Advisor

Adler Group S.A. has raised €717m 10.00% 1.5L Notes due Dec-2029 to refinance its 14.00% 1.5L Notes

€716,846,000

Financing Advisor

Lennar has completed the spin-off of Millrose Properties

Houlihan Lokey served as financial advisor to the independent directors serving on the Lennar Board

Financial Advisor & Financial Opinions

Nippon Investment Company has sold C'est la vie Resort Izumigo to Fortress Investment Group

Sellside Advisor

Adler Group S.A. has raised €1.2bn 8.25% 1L Notes due Dec-2028 to refinance its 12.50% 1L Notes

€1,177,819,300

Financing Advisor

Globe Trade Centre S.A. has raised a senior secured loan for the acquisition of a German residential real estate portfolio from Peach Property Group AG

€190,000,000

Financing Advisor