Hearthstone Investment Management’s Acquisition Of 72 Houses


WBD has advised Hearthstone Investment Management’s private equity fund, Hearthstone Residential Fund 1 (HRF1), on its acquisition of 72 houses.

In a significant multi-site deal with a national housebuilder, HRF1 has agreed to purchase 72 two, three and four bedroom houses scheduled to be completed this year. The new build homes are located in Exeter (28), Bicester (11), Rugby (9) and Pontefract (24).

The WBD team was led by Real Estate partner Tom Willows (picture), assisted by Stephanie Mallery, Christopher Stephens, Jennifer Edwards, Sarah Robe, Kate Ashworth, Gemma Bourne, Lee Parbery, Elizabeth Tones, Ben Wright and James Richardson.

Involved fees earner: Kate Ashworth – Womble Bond Dickinson; Jennifer Edwards – Womble Bond Dickinson; Stephanie Mallery – Womble Bond Dickinson; Lee Parbery – Womble Bond Dickinson; Sarah Robe – Womble Bond Dickinson; Christopher Stephens – Womble Bond Dickinson; Tom Willows – Womble Bond Dickinson;

Law Firms: Womble Bond Dickinson;

Clients: Hearthstone Investment Management;

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