Commercial Real Estate
The firm regularly advises major banks and other financial institutions in loan workouts and restructurings of commercial properties in New York and throughout the United States. This has included matters such as:
- Restructuring a $120,000,000 loan secured by office buildings in lower Manhattan
- Workouts of loans secured by condominium buildings in the New York area
- Workouts and restructurings of loans secured by office buildings in New York and New Jersey
- Representation of an international bank in the restructuring of its portfolio of New York City IDA-funded projects throughout the New York region.
Construction Loans
Moses Singer has represented banks in workouts and restructurings of construction loans. Examples of restructurings of loans include:
- $20,000,000 acquisition and construction loan for a Nassau County, New York office building
- $46,000,000 acquisition and construction loan for a townhouse development in Nassau County, New York
- $60,000,000 financing in connection with cost overruns in a mixed use office and hotel project in New York City
- $25,000,000 construction loan for condominium units in New York City
- $11,500,000 shopping center construction loan.