Christopher P.
Daly
Commercial Finance & Banking
Partner
Uniondale
T: 516-227-0632
cdaly@farrellfritz.com cdaly@farrellfritz.com
About Christopher
Christopher P. Daly practices real estate, banking, and healthcare law, with a concentration in commercial real estate finance. Chris has represented both lenders and borrowers in a variety of transactions, including fee and leasehold acquisition, construction and project loans, industrial development and housing development bond placements and credit enhancements, Section 1031 exchange loans, mezzanine loans, structured financings and defeasances, and loan syndications and participations.
Chris has been involved in a variety of healthcare-related lending transactions, including bond financings for assisted living facilities and other healthcare facilities.
In addition to his work in commercial real estate finance, Chris frequently represents clients in other areas of commercial real estate practice, including acquisitions and dispositions, both locally and throughout the country. He also has broad experience in providing regulatory advice to financial institutions, including in the context of bank mergers and acquisitions.
Experience
- Represented an institutional lender in a $120 million mortgage financing of a portfolio of 20 properties.
- Negotiated the acquisition of a multifamily portfolio of buildings for $42 million and related senior and junior financing of the purchase for $37 million.
- Represented an institutional lender in a $85 million leasehold mortgage financing of 1407 Broadway, New York.
- Counseled an institutional lender in a $32 million loan for construction of a Marriott Courtyard Hotel at 410 E. 92nd Street, New York, and related intercreditor negotiations with the mezzanine lender.
- Representated an institutional lender in a $35 million loan for construction of Riva Pointe at Lincoln Harbor Phase III, a 90-unit residential development on a pier along the Hudson River waterfront in New Jersey, and related intercreditor negotiations with the mezzanine lender.
Credentials
Education
- New School for Social Research
- St. John’s University School of Law
Bar Admissions
- New York
Articles & Advisories
FAQs Under The Paycheck Protection Program
As guidance continues to evolve, the Treasury Department has set up a Frequently Asked Questions (“FAQs”) page on their website.…
April 07, 2020
SBA 7(a) Loans Under the Paycheck Protection Program
By: Louis Vlahos, Tax Partner The CARES Act established a new Paycheck Protection Program (the “PPP”) to allow small businesses…
April 04, 2020
Paycheck Protection Program: What You Need To Know
To help businesses keep their workforce employed during the COVID-19 crisis, the recently enacted CARES Act established a new loan…
April 04, 2020
News
Advisory – The Commission Escrow Act and a New Tool for Brokers of Residential Real Estate
October 31, 2008
Pro Bono
Long Island Alzheimer’s Foundation
LIAF began in 1988 in typical grass-roots fashion. Five women, each of whom had a parent or grandparent with Alzheimer’s…
January 01, 2010
Recognition
Super Lawyers
New York 2011–2012
Long Island Business News
”Who’s Who in Commercial/Residential Real Estate Law” 2009 and “Who’s Who in Real Estate Law” 2006
AV Preeminent Martindale-Hubbell
Peer Review Rating
Community Work
Chris serves on the board of the Tilles Center for the Performing Arts.