Navigating the increasing complexity of real estate transactions and nuances of the New York City market requires expertise beyond the realm of traditional real estate practices; one that is based on innovation and experience. The key to successful real estate outcomes is having the guidance of an experienced attorney who can deliver results. Romer Debbas, LLP has provided countless clients with creative solutions to complex and seemingly unsolvable real estate matters.
Closed $15.4 Million Refinance for Prominent Lender Secured By 432 Park Avenue Condo
In July 2020, Romer Debbas LLP represented a prominent lending institution in connection with a $15.4 Million refinance transaction secured by a luxury condominium unit at 432 Park Avenue, New York, NY. This matter was handled remotely by Scott Krinsky, Esq. and paralegal Susan Beharry.
Represented Regional Lender in Connection with $23 Million Loan on Loan Transaction
In June 2020, Romer Debbas LLP represented a prominent regional lending institution in connection with a $23 million loan on loan transaction involving a portfolio of commercial properties. transaction closed remotely and was handled by partner Guy Arad and associate Alison Weisman.
Closed $30 Million Underlying Building Mortgage for Private Bank on NYC Co-op Building
In June 2020, Romer Debbas LLP represented a prominent private bank in connection with a $30 million underlying mortgage on a Manhattan co-op building . This transaction was handled remotely by partner Guy Arad and associate Alison Weisman.
Remotely Handled $8.5 Million Residential Purchase Financing to Close NYC Townhouse Acquisition
In June 2020, Romer Debbas LLP worked hand in hand with a prominent private bank and all parties to a high profile purchase transaction in order to close an $8.5 Million residential loan to enable a purchaser to acquire an NYC townhouse. This matter was handled remotely during the COVID-19 lockdown. Scott Krinsky, Esq. handled... Read More
During Lockdown, Residential Dept & Banking Dept Work Together to Close $2.7 Million Condo Purchase with Purchase CEMA
May 2020 – This transaction involved a successful escrow closing for a Condominium purchase with financing and a CEMA (assignment of seller’s mortgage). The attorneys from our residential department (Pierre Debbas, Michael Feldman, Danielle Greco and our paralegal, Maria Lagusis) and banking department (Scott Krinsky) were engaged simultaneously to ensure the closing was done in... Read More
Represented Co-op Building in Connection with $9.5 Million Underlying Mortgage
In May, 2020, Romer Debbas LLP represented a large co-op building in connection with a $9.5 million refinance of an underlying mortgage on the building. This enable our co-op building client to eliminate the wrap mortgage of sponsor. This transaction was handled by partner Richard Klein, Esq., who manages the firms’ co-op/condo practice.