News: Long Island

DiLeo joins Brown & Altman, LLP as a senior associate

Attorney Michael DiLeo has joined the Melville-based law firm Brown & Altman, LLP, as a senior associate and will be practicing in the areas of commercial transactions, financing, leasing and commercial litigation. Prior to joining Brown & Altman, DiLeo operated his own real estate investment and consulting firm, where he assisted commercial lenders and hedge funds in facilitating various real estate financing arrangements and loans to real estate developers. "My partner and I are very excited to welcome Michael DiLeo to Brown & Altman and we look forward to working with him," said Keith Brown, managing partner in the firm. "With his background in such matters as 1031 exchanges, tenants-in-common transactions, industrial development agency work, as well as mezzanine lending and bridge loans, we feel that Michael will help round out the professional services we offer to our clients and to the development industry." Prior to operating his own business, DiLeo was a senior associate at Phillips, Lytle LLP, in New York City, where he concentrated on asset-based lending transactions, workouts and commercial litigation. He began his legal career at the prestigious law firm of Rivkin, Radler, LLP, in Uniondale, N.Y.
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.