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Banking & Lending

Chaves Perlowitz Luftig LLP represents a broad range of financial institutions including commercial banks, private banks, insurance companies, investment banks, specialty lenders, funds in a variety of real estate and asset based financings.

Residential Lending

Our Residential Lending Practice Group is focused on representing lenders on mortgage loans including conventional first and home equity loans. As a leading NYC real estate law firm, we have developed an expertise on closing cooperative, condominium and townhouse loans.  The team has a strong understanding of the most current regulations affecting residential lending and we are able to handle loan closings in the five Boroughs of NYC, Westchester, Rockland, Nassau and Suffolk counties as well as areas throughout NY state.

Commercial Lending

Our Commercial Lending Practice Group handles both real estate and asset based secured loans.  We work on structuring, negotiating and closing loans including first mortgages, construction loans, working capital lines of credit, borrowing based secured loans, term loans, equipment financing and letters of credit.

The key to successfully representing institutional and private lenders in connection with commercial lending is expediency without sacrificing attention to detail.  Our attorneys have extensive experience with a wide range of intricate commercial loans, from rudimentary acquisition loans to multi-million-dollar construction loans, bridge, and mezzanine financing.  Intimately understanding the risks and relevant legal aspects related to commercial lending in the New York City real estate market allows us to advise lenders on minimizing such risks all the while ensuring that each transaction moves expeditiously from inception to closing.

From drafting and reviewing multifaceted loan documents, the foundation of securing every loan to efficiently negotiating contract provisions, we ensure that the commercial lender’s interests are adequately secured after every closing.

We take a proactive approach with all transactions to ensure that every lender is intricately aware of all relevant aspects of their loan.  Such approach is invaluable when advising lenders on the constantly evolving nuances of New York City commercial loans and navigating potential issues related to secured and unsecured commercial loan transactions alike.

Areas of Focus

  • Mortgage financing
  • Construction and development loans
  • All asset based loans including borrowing based loans
  • Mezzanine financing
  • Participation between banks
  • Loan Portfolio acquisitions