Lending

lending-lifestyle

Giangrasso Law has substantial experience representing both public and private institutional lenders and borrowers in connection with a wide variety of real estate secured loans and asset-based loans. With flexibility to meet deadlines and the depth of knowledge necessary to assist lenders and borrowers navigate complex legal issues, Giangrasso Law is a trusted advisor in connection with commercial and residential lending transactions. Some of the loan transactions that Giangrasso Law regularly close include:

  • Construction, fixed term and bridge real estate loans;
  • Real estate and commercial lines of credit;
  • Commercial loans secured by accounts, equipment and inventory;
  • Private institutional “Hard Money” loans secured by multiple residential and commercial properties
  • Residential real estate secured loans on behalf of most major institutional lenders

Representative lending transactions:

  • Over 50 private “Hard Money” loans with loan amounts ranging from $250,000 to $7,250,000 with many loans secured by several different properties, additional collateral and asset classes, including
    • Simultaneously issued $3,350,000 acquisition loan and $3,250,000 RELOC construction  loan secured by 7 lot subdivision in Dover, MA;
    • $7,250,000 construction loan secured by 10 unit condominium project in South Boston;
    • Simultaneously issued $2,000,000 acquisition loan and $2,400,000 RELOC construction  loan secured by 12 lot subdivision in Hopkinton. MA;
    • $2,580,000 acquisition and construction loan secured by mixed-use property formerly used as a lumber yard and converted into a phased condominium unit development in Sharon, MA
  • $11,000,000 line of credit secured by accounts, equipment and inventory;
  • $6,000,000 term loan, line of credit and bridge loan
  • Several residential real estate secured loans, including $2,500,000 residential loan for acquisition of Brookline property.