Matters

$18 Million Sale of Midwood Brooklyn Residential Building

Represented a property owner in connection with the $18 million sale of a residential building in the Midwood neighborhood of Brooklyn.

Centennial Bank – $120 Million Miami Construction Loan

Represented Centennial Bank in the $120 million construction loan for property located at 400 Biscayne Boulevard in Miami.The planned development includes a 49-story tower with 646 luxury rental apartments, 51,000 square feet of commercial space and a 22,000 square foot church for the First United Methodist Church of Miami.

Ascend Charter Schools – Pitkin Ave, Brooklyn

Represented Ascend Charter Schools in a loan from Nonprofit Finance Fund to finance the construction of its charter school located at 1501 Pitkin Avenue Brooklyn, New York.

Private Lender – $11.8 Million Long Island City Loan

Represented a private lender on an $11.8MM loan secured by a commercial building consisting of warehouse and office space in the Long Island City neighborhood of Queens, NY. 

Rabina Properties – 520 Fifth Avenue Development

Represented Rabina Properties in the acquisition, financing, joint venture, restructuring and recapitalization of the vacant development parcel located at 520 Fifth Avenue in Manhattan. The development is initially projected to include an 800 foot tall tower on the corner of East 43rd Street and Fifth Avenue. 

Centennial Bank – Loan to Extell Development for Deer Valley Ski Resort

Represented Centennial Bank in two complex acquisition loans to affiliates of Extell Development Company. Extell, which owned a 40-acre site in Deer Valley, Utah, acquired two parcels of land totaling 2,500+ acres for future development as a hotel/condominium/ski resort.

Clarion Partners Investment Trust – Sale of North Carolina Corporate Center

Represented an investment trust advised by Clarion Partners in the $55 million sale of Durham, North Carolina's Palladian Corporate Center, to a fund managed by Innovatus Capital Partners.

Rose Associates – Inclusionary Housing Application

Represented Rose Associates in connection with the completion of an Inclusionary Housing application for the property located at 210 Livingston Street in Brooklyn, New York. 210 Livingston is a 368-unit residential tower in Downtown Brooklyn developed with Benenson Capital Partners, containing 44,000 square feet of affordable housing financed by tax-exempt and taxable bonds through the New York State Housing Finance Agency.

Ascend Charter Schools – Mortgage Loans for Renovations

Represented Ascend Charter Schools in connection with two leasehold mortgage loans, totaling more than $10 million, to renovate two school facilities in Brooklyn, New York.

Private Lender – $32 Million Construction Loan

Represented a private lender on a $32 million construction loan to facilitate the development of a new, mixed-use building in the Lower East Side neighborhood of Manhattan.