Associate

New York Office

P: 212-238-3120

E: [email protected]

Education

State University of New York at Stony Brook (B.A., 1989)

New York Law School (J.D., 1994)

Practices & Industries

Real Estate Finance

Real Property Leasing and Facilities Management

Admissions

New York, 1995

Connecticut, 2005

United States District Court, Southern District of New York

United States District Court, Eastern District of New York

Professional Activities

New York State Bar Association

The Association of the Bar of the City of New York

Edwin F. Bassett

Edwin F. Bassett practices in the areas of commercial real estate finance, acquisition, leasing, and development. Ed’s experience includes representing commercial banks, insurance companies, institutional lenders, investors, owners, landlords, and tenants in construction and permanent mortgage loan, conveyancing, leasing, and tax credit transactions involving office buildings, hotels, shopping centers, commercial and residential condominium buildings, mixed-use commercial buildings, retail space, and affordable-housing apartment complexes.

Representative Matters

Representation of a New York-based commercial bank: as issuer of stand-by letters of credit, in connection with issuances by Fannie Mae of direct-pay letters of credit, in connection with New York State Housing Finance Agency bond issues that partially financed the construction of new residential apartment buildings and the rehabilitation of existing residential apartment buildings; as issuer of stand-by letters of credit, in connection with New York State Housing Finance Agency bond issues that partially financed the construction of new residential apartment buildings and the rehabilitation of existing residential apartment buildings; as lender, in connection with building loan facilities that partially financed construction of affordable housing developments qualifying for low income housing tax credits under Section 42 of the Internal Revenue Code; as equity investor through a Section 42 affordable housing tax credit syndicator.
Representation of a New York-based commercial bank in connection with the transfer of its fee and leasehold interests in bank branches located in New York, Connecticut, and New Jersey, to a national commercial bank based in New York.
Representation of a Hong Kong-based commercial bank, as lender, in connection with: an acquisition mortgage loan facility secured by an office building located in New York, New York; permanent mortgage loan facilities, secured by hotels located in New York, New York.
Representation of a California–based commercial bank, as lender, in connection with: an acquisition, multi-draw construction, revolving construction, and letter of credit facility to finance the acquisition and development of a condominium and golf course project located in Middlebury, Connecticut; a mortgage loan facility secured by an office building located in Forge River, Texas.
Representation of a mutual life insurance company, as lender, in connection with: a mortgage loan facility secured by a hotel situated in a commercial condominium unit located in New York, New York; an acquisition mortgage loan facility secured by an office building located in Bronx, New York.
Representation of a special-purpose lender wholly-owned by a New York-based investment manager in connection with a permanent mortgage loan facility, secured by a hotel located in New York, New York.