Real Estate Workouts
FutureLaw attorneys and consultants understand the myriad of problems facing commercial property owners and lenders in today’s challenging market. The significant loss in market value of numerous commercial properties has left many in a position of being over-leveraged.
In addition to the downturn in the commercial real estate market, dealing with lenders of commercial backed securities, commonly called “CMBS” loans, can be a difficult process in the current lending environment. The tightening of lending criteria for commercial real property loans often prevents a refinance of an existing loan when the existing loan was based upon a more flexible underwriting standard.
The FutureLaw Commercial Real Estate Workout Team of attorneys and consultants will use its combined expertise to help you develop a plan and devise the best course of action. We know how to address these kinds of issues, as several members of our team are real estate investors as well as attorneys and consultants.. Working with lenders to find solutions and providing representation in the re-negotiation and modification of existing commercial real estate loans are strengths our team brings to the table.
Members of our Real Estate Workout Team include Roger Bowers, Ann Mink, Barrie Bowers, and Chip Dicks. Barrie Bowers coordinates the Real Estate Workout Team.
These are uncertain times. Let FutureLaw help you create a workable and acceptable solution for your commercial real estate assets.