Holly Gladstone, Partner

Represented Valley National Bank on a $252 million syndicated construction loan for a property located in Coney Island, Brooklyn. The planned development includes a three-tower complex with 499 luxury rental units, 38,276 square feet of street-level retail space and 21,500 square feet of community facility space. This complex deal also involved series mortgages, zoning challenges, an amended and restated condominium declaration and a 421-a tax component.

Represented a joint venture comprised of a prominent real estate development company and a global holding company in connection with the development of a 23-story mixed-use building in the Midtown East neighborhood of Manhattan. This representation has included, among other aspects, representing the joint venture as borrower in connection with a $95 million construction loan, as well as representing the joint venture in connection with the initial acquisition and financing of the development site and related unused development rights from a neighboring property through zoning lot merger.   

Represented the administrative agent and lender in connection with a secured $25,000,000 revolving credit facility providing credit to an international security company. The transaction was a cross-border deal, providing for multi-currency borrowings and secured by domestic and international assets. 

Represented EyeQ Monitoring (“EyeQ”), a leading provider of remote video monitoring and security intelligence solutions, in a strategic growth investment from WestView Capital Partners, a Boston-based growth equity firm focused on partnering with middle-market companies. The investment supports EyeQ’s continued expansion across core end markets and further advance the development of its next-generation analytics and business intelligence capabilities. 

Represented a full-service bank (as lender) in a note on note loan to a family office. The collateral asset was a mortgage loan on an apartment complex in Alabama. 

Represented a national banking association as the lender in connection with (i) a standby letter of credit facility (the “LOC”) for an asset management firm, as the borrower, and (ii) an amendment to an existing credit facility, with our client as administrative agent and collateral agent, to permit issuance of the LOC.  The LOC serves as collateral for a surety bond.