Real Estate Lending

Sullivan & Worcester LLP offers large-scale deal experience combined with hands-on partner involvement. Members of our team have led international, Wall Street, and downtown Boston finance projects. Working closely with our tax department, we provide one-stop shopping for financial institutions and borrowers involved in debt and equity financings, note purchases, conventional and mezzanine financing, straight and takeout construction lending, REMIC origination and more.

Representative Client Work

• Represented lending group providing acquisition and renovation financing for a Class B+ office building in Washington, D.C. ($200 million)
• Represented bank syndicate in the financing of warehouse distribution centers ($60 million)
• Represented lender in the acquisition financing of a well-known New York landmark property ($61 million)
• Represented insurance company lender in mortgage financing of downtown Boston office building ($50 million)
• Represented lender in a number of acquisition, construction, mezzanine and project loans throughout the New York metropolitan area ranging in size from $3 million to $30 million
• Represented lender in eight property, multi-state permanent financing of national pharmacies ($22 million)
• Represent lender in a number of acquisition and permanent loan transactions ranging in size from $2 million to $44 million
• Represented lender in a hotel acquisition financing on a ground lease property in midtown Manhattan ($35 million)
• Represented lender in the financing of a commercial condominium which closed in less than one week from term sheet to funding
• Represented lender in three property, multi-state financing of healthcare facilities ($15 million)
• Represented developer/borrower in the $3 million permanent financing of a multi-use facility (driving range, office and self-storage)
• Represented developer/borrower in the permanent financing of a self-storage facility ($5 million)
• Represented an international opportunity fund in the financing of office buildings, shopping centers and multi-family properties, including unsold cooperative apartments
• Represented construction lender in connection with $144,750 million construction loan for a mixed-use (hotel and condominium) development in White Plains, New York
• Represented developer in a construction loan involving a to-be built office building in New Hampshire ($9 million)
• Represented a New York-based opportunity fund in various financings including defeasance transactions