Michael J. DiLeo
PARTNER
Michael J. DiLeo
Partner
Michael DiLeo is a Partner of Brown Altman & DiLeo, LLP and manages the firm’s commercial real estate lending practice. Michael has extensive experience in the field of commercial real estate development and finance. During his career, Michael has represented lending institutions in commercial lending transactions, loan workouts and restructuring, litigation and bankruptcy matters.
Michael represents lending institutions in a broad range of commercial loan transactions, including commercial real estate loans, lines of credit, mezzanine and bridge financing, SBA and industrial development agency lending and complex real estate and asset-based financing transactions. He also represents developers and business owners on the borrowing side of loan transactions, helping them achieve financing objectives. This includes 1031 exchanges, tenant-in-common transactions and industrial development agency applications.
Michael also represents lenders in connection with loan workouts and restructuring matters, having negotiated the terms of defaulted loans to become performing assets and representation of landlords and tenants in commercial leasing transactions. He has also represented lenders and creditors in New York State and Federal District and Bankruptcy courts in loan enforcement actions.
Prior to joining Brown Altman & DiLeo, Michael operated his own real estate investment and consulting firm, where he assisted commercial lenders and hedge funds in making financing available to real estate developers and invested in his own commercial and multi-family residential real estate projects. Michael has been associated with Phillips, Lytle LLP in New York City and Rivkin Radler LLP in Uniondale, New York.
A lifelong resident of the Town of Oyster Bay, Mr. DiLeo is committed to preserving landmarks and open space and serves as Chairman of the Town of Oyster Bay Landmarks Preservation Commission and has served on the Save Environmental Assets Fund Advisory Committee.
REPRESENTATIVE MATTERS
- $21 Million refinance of a major resort property located in Montauk, New York.
- $10 Million acquisition and subsequent $24 Million refinance and construction loan for a multi-family residential apartment building located in Brooklyn, New York.
- $5 Million asset-based financing facility for major restaurant operator located in New York City.
PROFESSIONAL + COMMUNITY ACTIVITIES
- Town of Oyster Bay Landmarks Preservation Commission, board member
- Town of Oyster Bay Save Environmental Assets (SEA) Fund, serves on advisory committee
AREAS OF EXPERIENCE
- Commercial Real Estate
- Financial Institutions and Capital Markets
- Real Estate Developers
- Commercial Litigation
EDUCATION
- JD, 1994, Hofstra University
- School of Law
- BS, 1990, Fairfield University
ADMISSIONS
- New York
- Connecticut
- United States District Court
- Eastern District of New York
- Southern District of New York