New York, NY Cassia Schaeffer and William McConnell have been named partner, and Christopher Cosolito has been promoted to counsel at Cassin & Cassin LLP, a law firm specializing in real estate, real estate finance and private client matters, effective May 1, 2022.
As a member of the firm’s Agency Lending and Affordable Housing practices, Schaeffer will continue to represent institutional lenders in the financing of multifamily properties through the Fannie Mae Delegated Underwriting and Servicing (DUS) program and the Freddie Mac Seller-Servicer program, including working on a variety of affordable housing transactions, manufactured housing transactions, multi-state portfolios with various lenders in the GSE lending space. In addition, she represents and counsels clients in connection with bridge loan lending and assignments of mortgages. She received her BA from Hobart and William Smith Colleges, summa sum laud, and her JD from the Elizabeth Haub School of Law at Pace University, cum laude, where she also serves as an Alumni Board Member.
McConnell will continue representing institutional lenders in closing commercial real estate loans intended for securitization or other sale on the secondary market. As a key advisor in the firm’s industry leading Commercial Mortgage-Backed Securities (CMBS) and Bridge Lending practices, McConnell counsels clients, including lenders, servicers, and borrowers, in connection with secured commercial lending facilities, mortgage-backed-securities, and commercial real estate lending. In addition, he has represented and counseled clients in all aspects of commercial real estate transactions, including mortgage origination, financing, leasing, partnerships, loan modifications, workouts, and foreclosures. He received his JD from Widener University School of Law and his BBA from Temple University.
Cosolito, a member of the firm’s Commercial Mortgage-Backed Securities (CMBS) and Bridge Lending practices, will continue to represent institutional lenders in closing commercial real estate loans intended for securitization or other sale on the secondary market. He is frequently recognized by Super Lawyers as a Rising Star in the New York Metro Area. Cosolito received his JD, cum laude, from Touro College, Jacob D. Fuchsberg Law School and his BA, cum laude, from the University of Pittsburgh.
“As the economy continues to rebound following the impact of the pandemic both commercial real estate and affordable housing have never been more important,” said Michael Hurley, managing partner of Cassin & Cassin. “These promotions are a reflection of our firm’s leadership in both of these sectors and the depth of talent we bring in serving the marketplace.”