Stamford, Conn.-- Day Pitney is pleased to announce that its Real Estate team recently advised Stone Harbour Investment Management on its $17.9 million acquisition and financing of One Atlantic Street located in downtown Stamford, Connecticut.
One Atlantic Street was one of eight properties involved in the Seaboard Realty bankruptcy. Built in 1929 for the former First Stamford National Bank & Trust at the downtown crossroads of Atlantic, Broad and Bedford Streets, this historic property today houses branches of both Citizens Bank and Bank of America together with multiple office tenants. The interior features murals depicting Stamford's history. Stone Harbour Investment Management is a privately owned real estate company based in Stamford led by principals Jerry Kiley and Gregory Shaughnessy.
"As always, we were very happy with Day Pitney's understanding and execution of the matters we needed to navigate in order to complete a transaction with so many moving parts with so little time," said Jerry Kiley.
Day Pitney's James P. Carlon and Robert G. Rahilly led the team and were assisted by Marlene R. Goldberg and Michael Hanna. Joshua W. Cohen led work on the bankruptcy-related matters.
On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.
Brian Fischer spoke on "Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection," at an Exit Planning Exchange (XPX) Hartford program.
Michael Rave will be speaking at Acquire or Be Acquired, an annual conference presented by Bank Director magazine being held in Phoenix from January 28 – 30.
On January 19, Michael Rave will be speaking at the Economic Leadership Forum, presented by the New Jersey Bankers Association.
Stephen Ziobrowski and Andrew Wogman authored the article "Challenges of Selling an S Corporation," which was published by Law360.
Gary Betensky and Michael Napoleone were featured in a profile, "Day Pitney LLP: Firm Expands to Better Serve South Florida Clients," published in the March issue of The Boca Raton Observer magazine.
Mike Rave was quoted in an analysis article, "Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal," published by Law360.
Jed Davis was quoted in an article, "Marriott Hack Shows Risks Of Lax Cyber Diligence In Mergers," published by Law360.
Day Pitney Press Release
Day Pitney Press Release