Darrow Everett, Jeffrey Zwick Guide $48M Nursing Home Loan

Law360, Minneapolis (October 26, 2017, 2:41 PM EDT) -- Darrow Everett LLP represented Andrews Federal Credit Union in connection with its roughly $48.3 million loan for a nursing and rehab property on St. Marks Avenue in Brooklyn, New York, a matter Jeffrey Zwick & Associates PC handled for the borrower, according to records made public in New York on Thursday.

The loan is for 810 St. Marks Ave., where the Crown Heights Center for Nursing and Rehabilitation is located. Of that loan, roughly $13.5 million is new financing and the remainder is a refinance of preexisting debt at the property.

The property, at St. Marks and New York Avenues, is...

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