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.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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