Stephen Schweiger

Stephen Schweiger

+1 212 878 5139
Stephen Schweiger

Representative Matters

Agent and Issuer of $125M letter of Credit Facility

Representation of the agent and issuer of a $125 million letter of credit facility in connection with the issuance of taxable and tax exempt series Housing Revenue Bonds by the New York State Housing Finance Agency for the construction of a mixed use rental facility in New York City.

Resolution of a $385M Acquisition and Construction Loan

Representation of the lender in the ongoing resolution of a $385 million acquisition and construction loan in connection with a luxury condominium project in Manhattan financed with multiple tiers of debt.

Agent and Lenders in $260M Loan for Construction of Residential Rental Project

Representation of the agent and the lenders in connection with a $260 million loan for the construction of a residential rental project in Manhattan.

Ongoing Restructure of $120M, Multi-Tiered Debt Facility

Representation of the agent in the ongoing restructure of a $120 million, multi-tiered debt facility involving the development of a luxury residential condominium project in Washington, D.C.

Workout and Foreclosure of $135M Acquisition and Building Loan Facility

Representation of a co-lender in the workout and foreclosure of a $135 million acquisition and building loan facility secured by a hotel development in Manhattan and subject to a permanent takeout.

Purchase, Finance and Leasing of Retail Center

Representation of the developer in the purchase, finance, and leasing of a $30 million retail center in New Jersey.

Construction Loan for Conversion of Residential Retail Building

Representation of the lender in a $60 million construction loan for the conversion of a residential rental building to office use in Hollywood, California.