Assisted Living Developer Cuts Ribbon at Braemar at Montebello - Moriarty, Weinig, Dean Provide Counsel
Congratulations to Filben Development in its joint venture with RSF Partners for the successful completion of Braemar at Montebello. The 200 bed, state-of-the-art luxury assisted living facility, located in Montebello, NY, broke ground in 2023 and celebrated its grand opening recently with a ribbon-cutting ceremony.
Michael Moriarty and Lynn Weinig represented Filben as for-profit developer in the matter, including $54 million in financing, $40 million of which was construction financing provided by M&T Bank. Christopher Dean represented Filben on the joint venture aspects of the transaction.
This is the third assisted living facility by Filben Development on which Windels Marx has served as its counsel.
Media coverage (subscriptions may apply): NY Real Estate Journal, RE Business Online.
