Zak RosenbaumZakRosenbaum

Represented two global financial institutions in connection with the origination of a $550 million loan composed of a $400 million mortgage loan and two mezzanine loans in the aggregate amount of $150 million. The five mortgage borrowers were composed of two independent tenancy-in-common arrangements.

Represented a financial institution in connection with the origination of a $138 million mortgage loan and four mezzanine loans in the amount of $186 million secured by a multi-family apartment complex located on the Upper West Side of Manhattan. The transaction involved NYC rent stabilization issues.

Represented ASRR 8955 LLC, an affiliate of Israel-based ASRR Capital LTD, in connection with borrowing a $90 million construction loan that will fund the development of ultra-luxury condos in Surfside, Florida.

Represented two global financial institutions in connection with the co-origination of a $71.5 million mortgage loan secured by four industrial buildings located in Georgia, North Carolina, Maryland and Massachusetts. The loan was made in connection with a sale and the lease-back was structured with a Sharia-compliant master lease and a borrower-affiliated operating lessee.

Represented Savanna in borrowing a $349 million mortgage and mezzanine loan secured by a 32-story, 928,181-square-foot Class-A office tower in downtown Manhattan.