Real Estate Loan Workouts
Lawyers in our Real Estate Department have extensive experience representing creditors in all phases of distressed commercial real estate loans. We regularly represent institutional creditors in negotiated restructurings; acquisition, valuation, resolution and/or disposition of distressed loans; bankruptcies and foreclosures of distressed investments. Our litigation lawyers work in conjunction with our real estate lawyers to successfully handle out of court workouts, forbearance agreements and restructurings of distressed loans. We provide litigation representation with respect to commercial and residential foreclosures, creditors’ rights in bankruptcy and UCC lien and guaranty enforcement actions.
We work closely with our clients so they understand the workout process and can determine the most effective strategy for achieving their objectives. In addition, our attorneys provide advice to clients regarding the tax consequences of real estate loan workouts, foreclosures and deeds in lieu of foreclosure.