Matters

$22.4 Million Acquisition of St. John’s University Campus

Represented India-based Amity Education Group, a nonprofit international education group, in the $22.4 million purchase of the St. John’s University 170-acre waterfront campus located in Oakdale, Long Island.

$300 Million Commercial Condominium Mortgage Loan

Represented a major bank in a $300 million mortgage loan, secured by a mortgage of commercial condominium units in Norwalk, Connecticut.

Refinancing of Mixed-Use Property Portfolio

Represented a developer in the $50 million refinancing of a nine-property portfolio of mixed-use Manhattan buildings.

Mortgage Loan for Industrial Park Acquisition

Represented a national life insurance company and its affiliates in a $39 million mortgage loan to GTJ REIT for the acquisition of the Sudler Industrial Park in New Jersey.

Suffolk Golf Club Acquisition

Represented a Long Island developer on a complex acquisition of a large golf club in Suffolk County which required sophisticated financing and litigation to assist them in gaining control of the property for redevelopment as multi-family.

$31 Million Acquisition of 99-01 Queens Boulevard

Represented Blumenfeld Development Group in the $31 million acquisition of 99-01 Queens Boulevard from Vornado Realty Trust.

Restructuring of Defaulted Loans on Midtown Condo Project

Representation of a private equity firm in the acquisition and restructuring of a mezzanine loan and a mortgage loan on a partially completed condominium project in Midtown Manhattan.

Sales of U.S. Hotel Loans

Represented a bank from an EU member state in the disposal of several large loans tied to U.S. hotels.

Refinanced Credit Facility for Professional Sports Team

Represented a professional sports team in connection with the refinancing of its senior secured credit facility. The refinanced credit facility consists of a several million dollar term loan and a revolving line of credit component. The refinancing is secured by many different assets owned by the team and other third party approvals.

$175 Million North Carolina Office Building Purchase

Represented Rabina Properties in the $175 million purchase and financing of a 640,000 square-foot office building in Charlotte, North Carolina's downtown business district.

Pennsylvania Retail Center Refinancing

Representation of a developer in a multi-million dollar mortgage loan secured by four retail centers in Pittsburgh, Pennsylvania.

Hotel Construction Financing

Represented a major New York hotel group in a construction loan on 6 Columbus, an 88-room boutique Manhattan hotel. We assisted our client in all aspects of the project's development, including construction, interim and permanent financing, litigation with various contractors, and the implementation of a hotel management agreement.

Foreclosure on Battery Park City Building

Represented an Irish bank in a complex foreclosure of a 302-unit leasehold condominium located at 225 Rector Place in New York City. When the developer defaulted on a $165 million acquisition and construction loan, we worked with the lender to foreclose and to fend off a lender liability lawsuit.