About

Ilya Leyvi chairs Adler & Stachenfeld’s Real Estate Finance Practice, where he facilitates some of the largest and most complex commercial real estate debt deals in the U.S. and internationally.     

Recognized as an astute and approachable counsel, Mr. Leyvi represents lenders and borrowers with bridge loans, construction loans, mezzanine loans, commercial mortgage-backed securities loans, and preferred equity investments involving industrial, hotel, multi-family, self-storage, and specialty properties. 

As a practice leader, he is responsible for structuring and executing complicated commercial real estate debt platforms and arrangements for lenders, as well as borrowers, and identifying growth opportunities for his clients.  Mr. Leyvi excels in this regard in part through his collaborative approach by working closely with his clients and their deal counterparts.  He ensures that all parties walk away knowing their positions are heard and carefully considered – ultimately enabling him to make highly intricate structured transactions move forward seamlessly.  

Mr. Leyvi joined A&S in 2013.  He is a magna cum laude graduate of Cornell Law School and earned his B.B.A. summa cum laude from CUNY Baruch College – Zicklin School of Business.

Mr. Leyvi is admitted to practice in New York.

Notable Transaction Expertise:  

  • $275 million construction loan to expand a major movie studio for a global alternative asset manager, together with note-on-note financing;
  • $130 million construction loan for the redevelopment of a luxury condominium in the Cayman Islands for a global alternative asset manager;    
  • $255 million commercial property assessed clean energy (C-PACE) financing for the conversion of a Four Seasons Residences;
  • $63 million construction loan to fund the transformation of a former brewery into a multifamily development, together with a single-asset repurchase facility and participation arrangement;
  • $530 million aggregator facility to fund the acquisition of industrial properties (as borrower);
  • $298 million single-asset single-borrower (SASB) securitized financing for a luxury residential development in Brooklyn, NY for a family office, together with a mezzanine loan and preferred equity investment (as borrower);    
  • $40 million refinancing of a newly constructed beach resort in Florida with an existing EB-5 mezzanine loan;
  • $23 million mezzanine construction loan on a leasehold interest in a condominium development in Brooklyn, New York for a publicly traded alternative asset manager;
  • $55 million refinancing of a hotel resort in Puerto Rico for a private equity real estate company (as borrower);
  • Simultaneous origination and sale of a $32 million mortgage loan on a portfolio of skilled nursing facilities in Connecticut. 

Recognitions:

  • Super Lawyers: New York Metro Rising Star: 2017 - 2024