TRANSACTIONS

Residential Real Estate

High End Co-op Properties on the Move. Recently Represented Purchasers of Two Separate $4 million Co-op Unit

In the last month, we represented two separate purchasers in connection with transactions involving high end residential co-op units.   In one transaction, we represented the purchaser of a $3.9 million co-op unit as well as the private bank which issued a $2 million loan secured by the unit.   In another, we represented a sophisticated investor who acquired a $4 million co-op unit.   In that transaction, the purchaser was obligated to renovate the electrical systems pertaining to the unit and, on short notice, we were able to successfully negotiate a fair and reasonable agreement which all sides were comfortable with. These matters were handled by Michael J. Romer.

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.