Thomas Sweeney Jr.

Thomas M. Sweeney Jr.

Counsel

Thomas M. Sweeney Jr.

Counsel

  • Overview

    Biography

    Thomas Sweeney, a member of the firm's Real Estate + Development Group, has more than 25 years of experience as a commercial real estate lawyer, working on a broad scope of real estate transactions. Tom focuses his practice on finance, affordable housing, joint ventures, acquisitions, dispositions, multifamily housing bonds, and leasing.

    Real Estate Financing

    Tom handles a variety of commercial real estate finance transactions on behalf of originators, servicers, conduits, mortgage and mezzanine lenders, as well as borrowers, with a focus on financing affordable housing and mixed-use projects using tax credits and multifamily housing bonds. He represents institutional lenders in originating construction, permanent, and mezzanine loan facilities on multifamily, retail, office, hospitality, mixed-use, medical, mining, and other property types.

    Tom handles all aspects of closing commercial mortgage finance transactions on all classes of real estate. He provides advice regarding New York mortgage laws to lenders involved in multistate secured lending transactions. He has extensive experience with handling sophisticated commercial real estate financings, and he counsels clients in the structuring, negotiation, and documentation of mortgage loans.

    Tom has represented national lenders in the financing of scores of affordable housing projects in states across the country. He recently represented a national lender in closing on several Rental Assistance Demonstration program financings of multifamily affordable housing. While representing a local not-for-profit, he assisted with the proposed conversion of the entity to a non-member organization.

    Real Estate Transactions

    Tom represents landlords, tenants, buyers, sellers, owners, and lenders in commercial real estate transactions. He has represented a variety of clients, including developers, manufacturers, private secondary schools and colleges, quasi-public agencies, national and local lenders, nonprofit organizations, healthcare companies, hospitals, auto dealerships, telecommunications companies, and fiduciaries.

    Tom negotiates purchase and sale agreements, and supervises due diligence work related to zoning, title, and environmental issues. He advises corporate clients on real estate issues involving the purchase and sale of businesses. He regularly works with local, state and federal housing agencies on both new construction and the preservation of existing projects. In addition, he represents tax credit investors in redevelopment companies and has experience representing joint ventures, owners, landlords, and tenants in acquisitions, dispositions, leasing, and land use transactions.

    Prior to joining Robinson+Cole, Tom worked for several New York City law firms, representing borrowers, lenders, collateral trustees and other institutional clients in a broad array of financing, conveyancing, lending, leasing, and workout transactions.

  • Experience
    • Experience

      Experience

      • Represented national affordable housing lender on $26 million loan for a 365-unit senior housing U.S. Housing & Urban Development (HUD) Rental Assistance Demonstration (RAD) conversion transaction and conversion to Freddie Mac permanent loan facility.

      • Represented New York non-profit affordable lender in the origination and conversion to permanent of an aggregate $65 million in New York City construction loans, and in sale of such loans to various pension fund entities.

      • Represented a regional bank on the project loan financing of an industrial digestive composter project in the northeastern United States. 

      • Represented a national bank in its role as a lender for the Housing Authority of the City of El Paso’s Rental Assistance Demonstration (RAD) conversion transactions.  The bank closed the tax-exempt bond financing for 271 units of public housing conversions under HUD's RAD program.

      • Represented regional bank in lending program for NYSERDA subsidized photovoltaic roof facilities for various New York City multifamily regulated multifamily complexes. *

      • Represented a local non-profit environmental center in conducting vote to convert from a membership organization. * 

      • Represented tenants' organization in formation of a Housing Fund Development Company to acquire their multifamily building from the City of New York and conduct renovations under Tenant Interim Leasing Program. * 

        * Atty. Sweeney was counsel in these representative transactions before joining Robinson+Cole.