Paul Cicchetti has joined Brown Rudnick's real estate practice group as a partner. Cicchetti was previously a partner at Holland & Knight LLP. Cicchetti practices in the real estate finance sector. His experience spans mortgage and mezzanine lending for portfolio lenders, including life insurance companies and banks, as well as securitized mortgage lending for CMBS-lenders. Cicchetti also advises on matters related to structured financing, loan servicing, work-outs, loan participations, sale-leasebacks, environmental and development projects, as well as the disposition and acquisition of real estate projects. He has handled all aspects of financings, acquisitions, dispositions, and development of major transactions involving commercial, retail, hotel, office, residential and mixed-use real estate projects. Cicchetti will work with members of Brown Rudnick's structured resolution group to analyze issues surrounding the subprime market collapse.
New Haven, CT M&T Realty Capital Corp. (M&T RCC) completed the closing of a $31.9 million bridge loan for Estelle New Haven, a newly constructed 96-unit Class A multifamily community located at 19 Elm St. in downtown. The financing will support the property’s continued lease-up and stabilization while refinancing existing construction debt.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their