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LaSalle strengthens Debt & Special Situations Team by appointing two new Directors

LONDON (March 1, 2016) – LaSalle has expanded its Debt Investment & Special Situations team with the appointments of Mike Pashley and Ali Imraan as Regional Director and National Director, respectively.

This follows a strong twelve months for the team after transacting 12 deals on behalf of its advised funds, representing total lending of over £550m during the period.

Both Mike Pashley and Ali Imraan bring with them a wealth of experience from across the real estate lending sector. Mr Pashley was the European Finance Director for ARES European real estate platform (formerly AREA). Whilst at AREA/ARES the team completed over 100 transactions in more than 15 countries in Europe and Mike and his team were responsible for all finance activities in Europe. Prior to his position at ARES he spent 12 years with Ernst & Young in London, Hong Kong and Singapore, followed by two years at Lehman Brothers as European Financial Controller. He is responsible for overseeing loan asset management as well as the finance functions for the Debt and Special Situations Funds.

Mr Imraan was responsible for CRE large loan underwriting for distribution & securitisation within the Asset Backed Finance team at The Royal Bank of Scotland ("RBS") based in London. Prior to this, he headed the Private Equity Real Estate Finance team at RBS, worked within its mezzanine finance team and also worked for Citigroup's European Securitisation & Structured Finance team. He will now focus on new deal origination and execution within the business.

Both will report to Amy Aznar, Head of Debt and Special Situations at LaSalle Investment Management. She said: "Mike and Ali each bring a valuable set of skills to the team and I’m delighted to welcome them to LaSalle. We experienced a fantastic 2015 with 12 deals in 12 months, lending to high calibre sponsors on strong real estate and we are fortunate enough to have been able to grow the debt business at the same time. These new senior level appointments will bolster our team and will allow us to seize upon an increasing number of market opportunities in 2016."

LaSalle Investment Management’s Debt and Special Situations team invests for its funds and client across the capital structure throughout Europe and has transacted in excess of $2 billion over the past 6 years.