SCOTT STERN has nearly 20 years of experience representing institutional lenders, owners-developers and other debt-providers in commercial real estate loan transactions involving a wide variety of financing structures, including acquisition, bridge, construction and permanent financing. Assets involved in such transactions include vacant land, cooperative and condominium buildings, parking garages, shopping centers, mixed-use buildings, industrial warehouses, office buildings and hotels.
Strong leadership in advising clients has earned Scott acknowledgement from a number of industry publications. He was recognized by Chambers USA from 2012–2016 for Real Estate: Finance and was described by the publication as being “very dedicated,” and “appreciated by clients for being ‘responsive at any time of the day.’” Clients also describe him as “very knowledgeable in the area of real estate finance” and “he looks to find solutions rather than problems and takes a practical view.” He has also been recognized as a Best Lawyer for Real Estate since 2012 and a New York Super Lawyer since 2009.
Scott represents lenders in mezzanine loans and other types of asset-based lending, and has experience with syndicated, agented and participated loan transactions, revolving credit facilities, swap agreements, intercreditor and co-lender agreements and other structured finance transactions. He also has extensive experience in loan workouts and restructures and has represented lenders and owners in loan acquisitions and dispositions. Scott has also been involved with numerous deed-in-lieu transactions, debt for equity swaps and other troubled loan workout structures.
In addition to his financing experience, Scott also represents owners and developers in the acquisition, development, financing and sale of real estate and joint venture transactions.