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February 5, 2021
Halloran Sage Represents Lender in Syndicated Construction Loan to Joint Venture

Attorneys James Maher and Matthew Teich represented a senior lender in a syndicated construction loan to joint venture consisting of a member of a large Connecticut-based developer and a Philadelphia-based real estate investor. This transaction was unique as it involved financing the completion of construction that served, in part, as the final step in a multi-year remediation of a highly contaminated Superfund site which was part of a planned community in Stamford, Connecticut. The Stamford property was the former location of the predecessor in interest to one of two major electric companies in Connecticut and was the site of a coal tar plant in the 19th century.

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James P. Maher
Matthew L. Teich
Real Estate
Corporate Business & Transactions