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.

Romer Debbas, LLP’s commercial lending group recently handled a loan closing for a prominent regional bank for a $13,250,000 construction loan to finance the development of a seven (7) story, mixed-use building

Romer Debbas, LLP’s commercial lending group recently handled a loan closing for a prominent regional bank for a $13,250,000 construction loan to finance the development of a seven (7) story, mixed-use building, comprised of a 536 SF retail unit and 25 residential units (including 8 affordable housing units) across 16,743 SF of total rentable space,... Read More

Romer Debbas, LLP recently represented the purchasers of co-op for over $10 million on Central Park West in a building which the clients already owned a unit in.

Romer Debbas, LLP recently represented the purchasers of co-op for over $10 million on Central Park West in a building which the clients already owned a unit in. Cooperative Corporations in Manhattan favor purchases of units as primary residences, and many even specifically prohibit purchases as investment properties. There are various other arrangements as well,... Read More

Romer Debbas, LLP Closes a $10.1 Million Conventional Acquisition Loan Under Fannie Mae Delegated and Underwriting Servicing Program as Part of a Like-Kind 1031 Exchange

Romer Debbas LLP Agency Lending & Affordable Housing group represented Greystone Servicing Company LLC (“Greystone”) in the closing of a conventional acquisition loan secured by a 130-unit multifamily housing project located in Indianapolis, Indiana (“Replacement Property”).  Structured as a 5 tenants-in-common buyer’s vehicle (“1031 Buyers”), the 1031 Buyer’s purchase of the Replacement Property in the... Read More

After Guiding Client Thru Serious Walk-Thru Issues and Resolving Same with Sponsor, a New Condo Purchase Successfully Closed

When purchasing a unit from a sponsor/developer, whether new construction or a conversion of an older building, Purchasers should fully understand their rights when it comes to accepting the condition of the Unit prior to closing. Unfortunately, it sometimes occurs that a Purchaser is (or feels) somewhat rushed through the pre-closing walk through, which can... Read More

Closed $35 Million Line of Credit on Behalf of Commercial Lender Secured by 13 Properties in 5 States

Romer Debbas LLP represented a prominent commercial lender in connection with a $35 Million Line of Credit secured by 13 different properties located in 5 different states.  This matter closed in May 2022 and was handled by partners Guy Arad & Alison Weisman with the support of our associate Spencer Sklar.

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