Commercial Real Estate

Our clients seek our counsel in connection with commercial real estate workouts to create strategies to avoid bankruptcy and foreclosure and to restructure or modify the terms of their mortgage and the original agreements with the lenders, investors, landlords or tenants.

We counsel both businesses and individuals that own commercial properties such as strip-malls, shopping centers, apartment buildings, office buildings, industrial complexes, gas stations, entitled land, raw land, properties under construction, and numerous other types of commercial properties. We counsel both investors and tenants in their negotiations with their lenders.

We are often asked to leverage our business acumen and innovative legal strategies to create feasible loan workouts and solutions that allow our clients and their investors or lenders to agree upon new terms that include:

• Reduced interest rates
• Extended the loan terms
• Interest-only payments for a fixed period
• Deferring past due balances
• Temporarily or permanently eliminating concessions
• Reducing your commercial real estate loan balance

With the risk of these defaulting and distressed loans paralleling the wave of foreclosures affecting the residential real estate meltdown, banks are now more willing to work with commercial borrowers to avoid bankruptcy and the expense of going through the foreclosure process.