Financing and Bank Representation

The Real Estate Offices of Eric P. Gonchar is an approved settlement agent and closing attorney for many major lending institutions in the New York area. Mr. Gonchar represents both commercial and residential banks, savings and loan associations and life insurance companies in connection with their various financings of real estate purchases and development and assists them in structuring, negotiating, documenting and implementing complex financings and refinancings of ongoing real estate projects including residential, mixed use, commercial, cooperative and condominium projects. The firm handles secured and unsecured lending including construction, bridge, mezzanine, permanent and leasehold loans and has extensive experience in mortgage assignments and consolidations. Loans are quickly and efficiently closed in accordance with lender guidelines.

Mr. Gonchar also represents borrowers and lenders to extricate them from unpalatable debtor-creditor relationships and loan work outs.