Closing of Commercial Real Estate Mezzanine Financing Loan Origination

Represented a real estate debt investment fund in the closing of an approximate $5MM mezzanine loan behind a conduit/CMBS investment bank mortgage lender (for a total capital stack of approximately $40 MM). The underlying property was an office building located in the greater New York City area. Additionally, our environmental team advised on environmental due diligence, environmental insurance options and negotiated the terms of the environmental indemnity agreement to provide our client with stronger protection against environmental risks, including the known contamination on the property.