In One Transaction, Represented Purchaser of $7,650,000.00 Townhouse, Private Bank Issuing $7,000,000.00 Construction Loan, and Negotiated AIA Agreements.
Romer Debbas recently represented the purchaser of a $7,650,000.00 townhouse on the upper west side. We negotiated the contract of sale to acquire the property as well as the AIA (American Institute of Architects) agreements necessary to renovate same. In addition to representing the purchaser, we also represented the private bank which financed the acquisition and future renovation of the property with a $7,000,000.00 construction loan. From retainer to closing, this matter was wrapped up in a mere 60 days. This transaction is a great example of the firm’s diverse real estate practice.