TRANSACTIONS

Agency Lending

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 loan closed under the program.  Typically, supplemental loans are structured as yield maintenance loans.   The transaction led by Carmen Pagan, Esq., assisted by Catherine Azevedo, Esq and other members of the group, closed on April 7, 2022.

RECENT TRANSACTIONS

  • Romer Debbas LLP Represents Institutional in $11 Million Commercial Loan Secured by 3 Brooklyn NY Parcels

  • Romer Debbas Represents Regional Lender in $11.6 Million Advance under $50 Million Loan on Loan Facility

  • Romer Debbas LLP Closes $22.5 Million Deal in Sagaponack in 10 Days

  • Romer Debbas LLP Represents Private Lender in $6 Million Mortgage Loan Secured by Tribeca Properties.