Our Real Estate Team

Ravi Stickney serves as the head of the firm’s real estate business, since its inception in 2008, and has grown the business to its current position as a leader in the European real estate debt markets. He has over 30 years’ experience in European real estate markets.

Previously he was on ING Bank’s proprietary investments desk, with sole responsibility for managing a €400 million long / short portfolio of European commercial real estate credits and CMBS, along with special situations investing. Prior to that, he was at Lehman Brothers, structuring and executing UK and European CMBS / RMBS and commercial real estate mezzanine loans.

Ravi graduated from Cambridge University with a Master’s degree in Engineering.

Arron has approximately 30 years’ experience in the real estate markets. He is Head of UK Real Estate at Cheyne Capital, responsible for a book of c. £5 billion of UK real estate loans as well as selected equity situations, having joined the firm in 2012.

Prior to Cheyne, Arron was a Property Specialist and Partner at Clydesdale Bank and headed up the Real Estate Lending book for London and the South of England. Prior to Clydesdale Bank he was at Bank of Scotland and Hitachi Capital.

Daniel has over 14 years’ experience in the European real estate debt and ABS markets. He joined Cheyne in 2007 and specialises in the origination, structuring, negotiation and execution of German real estate credit transactions. He was previously an associate on Credit Suisse’s asset finance team in London, which was responsible for originating and structuring the bank’s European securitisations. He focused on the fundamental analysis of RMBS collateral.

Raphael joined Cheyne in January 2014 and has over 10 years of experience in real estate markets. Before Cheyne, he was an Associate Director in Real Estate Finance at Deutsche Pfandbriefbank, responsible for sourcing and structuring commercial real estate loans across Europe. Before that, he held positions within the Real Estate Finance and CMBS space at Moody’s, UBS and Morgan Stanley.

Sa’ad is Head of Structured Credit in the Cheyne Real Estate Team. Before Cheyne in 2016, he founded Rhino Investment Management LLP in 2011, an FCA-authorised boutique investment and advisory firm active in the European commercial real estate market. Among his responsibilities were strategy, origination, client management, structuring and execution.

He previously worked for Lehman Brothers International (Europe) in 2004 and Credit Suisse Securities (Europe) Limited in 2005, where he was a Director in their European Real Estate Finance & Securitisation area and had a central role in building the Titan Europe CMBS platform.

Sa’ad started his career in 2000 with Commerzbank Securities in Asset Backed Finance.

Lydia is Head of Legal Counsel for the Cheyne Real Estate Team. Before joining Cheyne in 2018, Lydia was a senior associate at Bryan Cave Leighton Paisner LLP, where she had worked since starting her legal training in 2008. Lydia joined BCLP’s real estate finance department upon qualifying as a solicitor in September 2010. At BCLP, Lydia advised a range of lender and sponsor clients on real estate-focused investment and development transactions across sectors, often involving complex intercreditor structures.