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.
Agency Lending Team Closed $8.5 Million Freddie Mac Supplemental Loan on 459 Unit Project in Texas
The Agency Lending & Affordable Housing team of Romer Debbas LLP represented a prominent lender in the closing of an $8.5+ million ARM supplemental loan originated under the Freddie Mac Optigo Seller/Servicers supplemental loans program. The loan encumbering a 459-unit project in Texas, is one of the first supplemental-floating-rate loans behind an existing first-lien-floating rate... Read More
Agency Lending Team Closes $35.8 Million Loan on 11 Property Portfolio (Fannie Mae DUS)
The Agency Lending & Affordable Housing team of Romer Debbas LLP represented a prominent lender in the closing of a portfolio of 8 supplemental loans in the aggregate sum of $35.8 million originated under the Fannie Mae DUS Supplemental Loans program. The loans encumbering 11 properties and covering an aggregate of 1,463 residential units are... Read More
Litigation Team Successfully Defended Luxury Condo Building in Support of Business Judgment Rule
Romer Debbas, LLP recently obtained a tremendous decision for a downtown luxury condominium building where the firm represents the board, in which a unit owner’s Article 78 Petition was denied due to the Business Judgment Rule. An Article 78 Petition can be brought in order to challenge the determinations of administrative agencies, public bodies or... Read More
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.