Loeb & Loeb And Stroock Steer $75M Bronx Retail Loan

Law360 (May 8, 2020, 3:29 PM EDT) -- Loeb & Loeb LLP represented Capital One on its $75 million loan to a Feil Organization entity for a retail center in the Bronx while Stroock & Stroock & Lavan LLP represented the borrower, according to records made public in New York on Friday.

The loan from Capital One NA is for Concourse Plaza at 198 and 200 E. 161st St. and 780 and 820 Concourse Village West. Of the $75 million figure, roughly $11.2 million is new financing for the center, while the remainder is a refinance of preexisting debt there.

The borrower is CP Associates LLC, which is affiliated...

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