WE ARE EUROPEAN
REAL ESTATE DEBT
SPECIALISTS

First Growth is the independent boutique that creates immense value for real estate borrowers, lenders and debt investors by arranging new capital injections and advising on impaired real estate capital structures.

OUR PRINCIPLES

EXTENSIVE DEBT UNDERWRITING, 
 & RESTRUCTURING 
EXPERIENCE

First Growth sources, restructures and special services debt across the capital stack for a wide range of assets : with circa €13b+ of advised capital, we have developed a real expertise in solving all real estate finance challenges across Europe for the benefit of our clients.

OUR TRANSACTIONS

A DIVERSE, MOTIVATED
AND ALIGNED TEAM

First Growth has developed a strong European identity throughout the years : with a presence in Paris, London and Milan, our team gathers real estate specialists providing multiple debt advisory services. Our people are motivated and aligned, and successfully worked together in top tier institutions in the past.

OUR TEAM

SERVICES

Since late 2010, First Growth has advised on debt sourcing, arranging and restructuring for circa 120+ transactions throughout Europe. We provide our clients with comprehensive advisory services for all debt and real estate financial operations, including debt capital sourcing, restructuring advisory and loan special servicing.

capital sourcing real estate financing lenders Paris advisory

CAPITAL SOURCING

Raising any type of capital (senior debt, whole loans, mezzanine debt, preferred equity, etc.) in the context of new acquisitions or existing situations (including DPOs) that need new capital injections or syndication, for either borrowers or lenders. This includes advisory on hedging solutions. Loan valuation based on InREV guidelines.

Advisory boutique in Paris for real estate and finance operations debt structuration

RESTRUCTURING

Advisory to borrowers in specific restructuring scenarios, pre and post insolvency. Our goal is to maximize real estate equity and debt recovery potential.

loan service debt structure real estate operation paris milan london

LOAN SPECIAL SERVICING

Special servicing role to real estate lenders, special servicers, private equity funds or CMBS note holders (including operating advisor roles). Strategic assessment and workout of loan positions, whether they are performing, on watch list, sub-performing, or non-performing.

OUR TRANSACTIONS

WE HELP BOLD 
REAL ESTATE INVESTORS & LENDERS

At First Growth, we design tailor-made solutions for clients with various profiles (investors, borrowers, lenders) to help them achieve ambitious operations on the European real estate market. With over 120+ transactions achieved since 2010, our team has developed a keen expertise on the European real estate market. Discover our business lines in this video.

OUR ACHIEVEMENTS

127

TRANSACTIONS

13

BILLIONS €
OF ADVISED CAPITAL

70

ADVISED CLIENTS

11

COVERED
COUNTRIES

PRINCIPLES

We deliver bespoke, consistently high quality commercial real estate debt advisory services to all types of real estate investors and lenders. Our services match the quality provided by investment banks, but with the benefit of a sole specialization on all commercial real estate debt matters and with the agility of a nimble boutique institution.

faste-execution-first-growth-real-estate

FAST EXECUTION

THINK OUTSIDE
THE BOX

CAN DO ATTITUDE

OVERDELIVER

TOWER W

La Défense, France

2019

CROISETTE

Cannes, France

2021

37 FAST FOOD RESTAURANTS

France

2022

HÔTEL PONT ROYAL

Paris, France

2022

PLAZA

Zaragoza, Spain

2021

HIGHLIGHT

La Défense, France

2018

GRAVITY

Paris, France

2018, 2020

MAGIC CIRCUS AND DREAM CASTLE HOTELS

Disneyland Paris, France

2019

POSTCARD

French Alps and French Riviera, France

2020

RETAIL CORSO VITTORIO EMMANUELLE

Milan, Italy

2018

CERES HOTELS

5 cities, Spain and Portugal

2021

FOUR POINTS BY SHERATON

Milan, Italy

2018

PARK HYATT

Milan, Italy

2021

LOGISTICS MILAN

Milan, Italy

2022

RETAIL PORTFOLIO 

Milan, Italy

2021

LAS ROZAS

Madrid, Spain

2022

WE ARE A RESULT DRIVEN TEAM

First Growth brings together talented people with years of experience in real estate and finance. Based in Paris, London, Milan and Madrid, our people are trained on a regular basis (financial engineering, real estate, regulations, etc.) to match with our clients' expectations.

First Growth FGREF Team Francesca Galante Cyril de RomanceTEAM

AWARDS

AWARDS

AWARDS

AWARDS

AWARDS

AWARDS

AWARDS

MEDIA ROOM

Find articles about transactions carried out by our team, as well as exclusive interviews with our partners on real estate debt, its current trends and anticipated future evolutions.

First Growth Cyril de Romance Interview Real Estate

Grape Hospitality renouvelle son financement pour 400M€

First Growth Cyril de Romance Interview Real Estate

"The era of quick money is over" - hot takes from Expo Real 2022

First Growth Cyril de Romance Interview Real Estate

Paroles d'experts Financement immobiliers et structurations optimisées

PREVIOUS ARTICLES

WE ARE COMMITTED

First Growth is committed to fostering charities and NGOs and to helping them tackling the major challenges of the next decades. Whether it be for education, women rights, environmental issues or help to refugees, we are proud to empower people who intend to have a large-scale positive impact.

africa hope fund first growth support unicef first growth support

OUR OFFICES

PARIS

67, rue de Richelieu
75002 Paris

Phone : +33 9 54 07 44 53

LONDON

34 South Molton Street
W1K 5RG London

Phone : +44 207 409 5227

MILAN

Largo Francesco Richini 6
20122 Milano

Phone : +39 02 582 15576

MADRID

OPENING SOON