Owen T. Hughes, Esq. represented a developer specializing in medical office space in the acquisition and financing of 490,000 square feet of space in the building complex located at Bedford Avenue, Chappaqua, New York. This space was primarily dedicated for medical offices and medical facilities for a major hospital network and several medical practices. The Purchase Price was $40,000,000.00. Two regional banks provided financing in the aggregate amount of $36,000,000.00. Additionally, Owen assisted the client in structuring the organization of the purchasing entity including preparation of the operating agreements for the Sponsor and participating investors.

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