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REAL ESTATE FINANCE

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

Romer Debbas LLP’s Commercial Real Estate Finance team represented a prominent regional lender in connection with an $11.6 Million Advance under an existing $50 Million Loan on Loan facility.    This loan provided leverage in connection with the refinancing of a first mortgage loan relating to a 4-story, 34,644 square foot, 156-bed, community use (homeless shelter) facility located in Brooklyn, New York.  This transaction was handled by partners Guy Arad and Alison Weisman Roeper.

RECENT TRANSACTIONS

  • $8 Million Condo, Lower East Side

  • $5.6 Million Condo, North Tribeca

  • $3.5 Million Townhouse, Bedford Stuyvesant

  • $2.9 Million Condo, Financial District