Menu

Loan Workouts, Restructuring and Insolvency


Overview

For properties of all types and size, we help our clients face the challenge of restructuring and liquidating troubled real estate loans and investments. We help clients design and implement the right solutions to the often novel array of problems that occur when dealing with troubled real estate loans. Our innovative and customized methods have consistently been effective in achieving negotiated, value-maximizing solutions to the most complex, antagonistic, and litigious creditor relationships. We possess the expertise necessary to conclude a successful restructuring or, if necessary, the timely pursuit of legal remedies for troubled projects. Our lawyers have extensive experience nationally with the appointment of receivers, perfecting assignments of rents, foreclosure proceedings, and the implementation of forbearance, discounted payoff, and other problem resolution structures, techniques, and remedies.

Experience

  • Served as national workout counsel for the holder of a $30 billion portfolio of mortgage loans secured by multifamily properties throughout the country. We were responsible for the resolution of more than 600 problem loans in 36 states.
  • Represented various REMIC trusts and special servicers in more than 70 problem loans involving a principal balance in excess of $1.5 billion secured by commercial properties of all types.
  • Represented a large construction lender in the restructure of 12 loans ranging from $25 million to $125 million for various development projects with condominium, multifamily, and commercial uses.
  • Represented a nationally recognized special servicer in connection with foreclosure of a $108 million senior loan secured by a luxury hotel in Miami, including addressing various collateral attacks on the proceeding by the mezzanine lender.

Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.