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REAL ESTATE FINANCE

Romer Debbas LLP Commercial Lending Group Closes $10.4 Million Advance on $50 Million Loan on Loan to finance 57 Unit Project in Bay Harbor Islands, FL

Romer Debbas, LLP’s commercial lending group recently handled a loan closing for a prominent regional lender in connection with a $10,400,000 advance under an existing $50,000,000 loan on a loan line of credit facility to provide leverage to finance the development of a condominium project consisting of 57-luxury, waterfront residential units, 13-private boat slips, and 75-parking spaces located in Bay Harbor Islands, Florida. This transaction was handled by partners Guy Arad, Esq. and Alison Weisman Roeper, Esq.

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