REAL ESTATE FINANCE
Romer Debbas LLP Commercial Lending Team Closes $7.5 Million Advance on $50 Million Loan on Loan Refinancing 43 Unit Condo Project in Sunrise, Florida
Romer Debbas, LLP’s commercial lending group recently handled a loan closing for a prominent regional lender in connection with an up $6,797,895.02 advance and $889,328.11 advance under an existing $50,000,000 loan on loan line of credit facility to provide leverage in connection with the refinancing of a construction loan and mezzanine loan relating to 41-residential condominium units, 2-retail condominium units and adjacent vacant land located in Sunrise, Florida. This transaction was handled by partners Guy Arad, Esq. and Alison Weisman Roeper, Esq.