NEW YORK, July 25, 2022 /PRNewswire/ — Federman Steifman LLP today announced that real estate finance attorney Brett D. Hoffman has joined the firm as resident counsel in the firm’s New York office.
Mr. Hoffman’s practice is focused on representing institutional lenders in connection with the origination of mortgage loans secured by multi-family, mixed-use, commercial, retail and industrial properties, primarily in New York, New Jersey and Connecticut. Mr. Hoffman regularly represents lenders in interest rate hedging transactions, leasehold mortgages, construction and project loans, cooperative and other UCC secured loans, unsecured credit, loan participation and intercreditor agreements and the sale of defaulted loans and loan portfolios. Mr. Hoffman also acts as a local representative New York and New Jersey advising out-of-state lenders and law firms on the intricacies of lending in New York and New Jersey.
Mr. Hoffman has additional experience representing clients in the acquisition and disposition of commercial properties, development site assemblies and related §1031 transactions.
“Brett came to us in the most flattering way possible. He was independently recommended to us by several of our mortgage clients,” said Lee D. Edelson a business partner. “Our practices are so synchronous that at any given time we are already working on several transactions opposing each other. We therefore know very well Brett’s business acumen, his strong sense of the law and the quality of his client representation and know how to how closely it matches ours,” he added.
“Federman Steifman LLP attracted me to their truly unique blend of practical and creative legal representation on sophisticated transactions with a particular focus on their clients’ business objectives,” said Brett D. Hoffman. “It’s also very rare, at least in my experience, for borrowers and lenders to seek advice from the same company for their most important questions,” he added.
Prior to joining Federman Steifman LLP, Brett D. Hoffman was associated with a small law firm specializing in real estate financing in New York. Mr. Hoffman’s recent engagements include the $91,825,000 financing of a portfolio of 19 mortgage loans secured by multi-family assets spread over New York City and the origin of $55,200,000 loan secured by a leasehold mortgage on a commercial building in manhattan.
Mr. Hoffman holds a bachelor’s degree in economics from Binghamton University and is a graduate of St. John’s University School of Law, where he was a senior executive at St. John’s Law Review and Journal of Catholic Legal Studies and received both the Beatrice Levine Reward and Timothy J. Meehan Memorial Award for Prowess in Property Law.
About Federman Steifman LLP
Federman Steifman LLP is a law firm founded in 2005, specializing in complex and sophisticated real estate, structured finance and corporate transactions. Federman Steifman LLP attorneys represent major international, national, regional and local underwriters, investment banks, private equity firms, hedge funds, asset managers, governmental and quasi-governmental agencies, Fortune 500 companies, credit enhancers, pension funds, insurance companies, private corporations, public and institutional real estate owners and developers, contractors, tax credits and other syndicates and equity investors, banks, corporations non-bank credit, mortgage bankers, savings and loan associations, mezzanine lenders, preferred stock investors, utility companies, cooperative corporations, condominium associations, telecommunications companies, family limited partnerships, trusts and estates, high net worth individuals, state and local executives and governments.
Federman Steifman LLP is headquartered in New York City with offices in Chicago, IL, Washington, DC, Phoenix, AZ, Denver, CO, short hillsNew Jersey and Darien, Connecticut. In 2021, Federman Steifman LLP closed over $9,000,000,000 in real estate financings, sales and acquisitions. For more information, visit www.federmansteifman.com
SOURCE Federman Steifman LLP