Distressed Assets
Our attorneys represent developers, owners, and lenders in handling the restructuring, disposition, or refinancing of distressed real estate assets.
Our experience with distressed assets includes:
- Advising lenders in connection with restructuring of commercial projects
- Renegotiating anchor leases and other key operating agreements pertaining to distressed properties
- Representing creditors in bankruptcy proceedings and coordinating with bankruptcy counsel where a client’s distressed assets necessitates bankruptcy proceedings
- Representing borrowers in workout and renegotiation of financial covenants
- Coordinating judicial and non-judicial foreclosures
- Disposing of REO assets
- Advising guarantors on restructure of troubled projects
- Advising receiver on foreclosure and disposition of portfolio of partially completed residential tract developments