Bruce S. Cybul

Bruce S. Cybul is a partner in the New York office, where he focuses his practice in the areas of real estate restructurings, development, banking and finance. His clients include major financial institutions and private equity, hedge and opportunity funds in their real estate, capital markets and securitization activities, bond purchases and controlling holder activities, including workouts and restructurings, purchases and sales of mortgage and mezzanine loans and co-lender and participation interests therein, and construction and other loan originations. Bruce also represents servicers and special servicers in their workouts, restructurings, foreclosures, guarantor litigations, UCC sales and other realizations on collateral; and developers and owners of commercial, industrial, retail, office, hotel, resort, residential and mixed-use properties in their financing, workout and purchase and sale activities.

Bruce has been cited as a leading real estate lawyer in numerous professional listings and industry surveys, including Chambers USA & The Legal 500 United States; Madison Who's Who, New York Super Lawyers and The Best Lawyers in America. He is a long-time member of the Section on Real Property, Probate and Trust Law of the American Bar Association, the New York State Bar Association and the New York City Bar Association.

Selected Representations

Representation of a major investment bank in providing interim financing to a large investment fund in connection with an acquisition of a portfolio of malls in multiple states.

Representation of a major investment bank in providing interim financing for a New York office building, including construction advances for renovation and tenant improvements, and provisions for conversion to a permanent loan for securitization purposes.

Representation of a major investment bank in providing interim financings to major REITs in their acquisition of property portfolios in multi-state transactions.

Representation of several major banks as co-lenders for a substantial office construction project in New York City.

Representation of a major national institutional developer in its sale of a substantial New York City property.

Representation of several major investment banks in connection with the institution of an A/B mezzanine loan program with a B Note lender.

Representation of a major investment bank in providing permanent financing with respect to a Hawaiian resort property.

Representation of a major foreign bank, in its capacity as agent for itself and a consortium of foreign co-lenders, in connection with a pre-packaged bankruptcy filing and conveyance of a New York office building property and a pre-packaged bankruptcy and conveyance of two Philadelphia office building properties.

Representation of a major national institutional developer in its negotiation and closing of a development line of credit with a major investment bank.

Representation of a real estate investment fund in connection with a senior mezzanine loan relating to a significant New York office building including negotiation of intercreditor agreements with both the senior mortgage lender and a junior mezzanine lender, and the subsequent sale of such loan to a major REIT.

Representation of a major national developer in the negotiation of first mortgage and mezzanine financing with respect to a major New York landmark property.

Representation of a major investment bank in a mortgage loan relating to a substantial office building located in San Francisco and the structuring of such loan and the transaction by use of a “sandwich lease” to enable the borrower to take advantage of federal tax credits.

Representation of a major investment bank in connection with the origination of a floating rate loan relating to seven office properties located throughout the Midwest, including negotiation of a preferred equity structure with another major investment bank.

Representation of a significant developer in the acquisition of a major landmark office property.

Selected Speaking Engagements

Memberships

American Bar Association
    Section on Real Property, Probate and Trust Law
New York City Bar Association 
New York State Bar Association

Other Distinctions

The Best Lawyers in America
Chambers USA
Madison Who's Who
New York Super Lawyers

Bar Admissions

• New York

Education

Prior Experience

Orrick, Herrington & Sutcliffe LLP
Baker & McKenzie