Mark Lightfoot
Mark has significant experience in corporate and property finance transactions principally acting for financiers and arrangers. Mark also has particular expertise in agribusiness, health and tourism/hospitality industry sectors. He heads the Brisbane banking and finance practice.
He also has significant experience in pre-insolvency restructuring and work-outs, and regularly gives his financial institution clients advice regarding pre-enforcement strategies.
Mark’s clients include major Australian Banks and financial institutions. In addition to acting for financial institutions, Mark also regularly acts for several listed and large private clients with respect to their finance requirements.
Mark has been named in Best Lawyers™ Australia for Banking and Finance law.
Experience
Mark’s experience includes advising:
- Commonwealth Bank on a A$94.2 million construction facility to Metro Property Development for the ‘Newstead Towers’ residential apartment complex in inner Brisbane comprising 314 apartments across 2 towers;
- Westpac on a A$51 million facility to the Anthony Moreton Group for the construction of a 35 story building containing 219 hotel apartments to be known as ‘The Beach’, Broadbeach, Gold Coast;
- Commonwealth Bank on a A$88.15 million facility to the Aria Property Group for the development of the 218 residential unit tower known as ‘Oxley + Stirling’, South Brisbane;
- ANZ on a A$51 million refinance of corporate debt to Queensland’s largest private sugar cane producer;
- St George Bank on a A$50 million construction finance facility to the Property Solutions Group for the development of 221 residential apartments to be known as ‘Illumina’ at Toowong, Brisbane;
- ANZ on a A$45 million facility to the Geocal Group for the restructure and completion of the Chifley Hotel, City Beach Wollongong, NSW;
- Bankwest on a A$45 million construction finance facility to the City of Brisbane Investment Corporation lead joint venture developing a 90 unit residential tower to be known as ‘Augustus Residences’, Toowong, Brisbane;
- Australian REIT, a syndicate lender, on the A$310 million syndicated secured debt facility to an ASX listed commercial property REIT secured by a national portfolio of licensed hotels;
- Cedar Woods Limited on the structured financing of its acquisition and development of a multi-staged 1000 lot masterplanned community to be known as ‘Ellendale’ at Upper Kedron, Brisbane;
- Ergon Energy in respect of restructuring its term debt and working capital facilities from Queensland Treasury Corporation; and
- Large Australian Pastoral Company by advising a financier in the A$400m structured refinance and corporate restructure of a large private Queensland cattle business comprising a 135,000 cattle herd located across Central Queensland and the Northern Territory.