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.
Represented Seller of Four Commercial Building Portfolio for $57 million
In November of 2017, we represented the seller of four (4) building commercial portfolio. All properties were located within New York City and sold for a collective sum of $57,000,000.00. This matter was handled by Guy Arad, Esq.
Closed $38 Million Commercial Loan for Private Bank Secured by Four (4) Properties in Brooklyn
In January 2018, Romer Debbas LLP closed a $38 million commercial credit facility on behalf of a private lending institution. This loan was secured by four (4) commercial properties in Brooklyn, New York. This transaction was handled by Louis Sherman, Esq. and Alison Weisman, Esq.
Represented Co-op Building in Connection with Underlying Mortgage Refinance ($1,620,000.00 1st & $500,00.00 2nd)
In February 2018, we assisted our client 44-46 West 65th Street Apartment Corp in connection with their refinance of its underlying building mortgage with National Cooperative Bank. The building successfully obtained a $1,620,000.00 first mortgage and $500,000.00 second. This matter was handled by Richard Klein, Esq.
Represented International Investor in Acquisition of 73 Student Housing Apartments in Bethlehem PA for $30,831,000.00
In June 2018, we assisted an international investor in connection with the acquisition of seventy three (73) student housing apartments/buildings located in Bethlehem, PA for the sum of $30,831.00. This matter was handled by Guy Arad, Esq. and Michael R. Feldman, Esq.
Represented Institutional Lender in connection with $12,300,000.00 Acquisition/Construction Loan for Bronx Project
In April 2018, the firm represented Institutional Lender in a construction loan for $12,300,000.00 (acquisition, building and project) secured by a parcel of vacant land in the Bronx. This project consists of a ground up development of Class A mixed use building with 73 residential apartments, 18,000 square feet of community space and 37 parking... Read More
Represented Commercial Lender in connection with $40 million loan secured by 163 unit building in Queens
In March 2018, the firm represented regional commercial lending institution in connection with a $40,000,000.00 loan which was secured by a seven story building containing 163 residential units. This matter was handled by Guy Arad, Esq.