Commercial Lending and Loan Workouts
Preparing and negotiating for lenders
Commercial real estate lending representation
Our representation of lenders has evolved with the changing financial markets over the last 30 years. This experience provides a solid basis for preparing and negotiating commercial loan documents in connection with the general representation of banks and other institutional lenders.
We represent national banks and lending institutions as well as lenders in specific industries, such as church lenders. When we serve as borrower’s counsel obtaining commercial financing, we help negotiate loan terms and documents to make them more reasonable and fair to both parties
Commercial Lending
Cradle to grave lending experience
On the front end, we represent lenders or borrowers through the initial loan process, meaning commitment letters, loan documentation, negotiation of terms, and loan closings. We are experienced representing lenders as well as developers and businesses that obtain financing needed for real estate projects.
On the back end, during difficult economic recessionary circumstances that disrupt commercial loans, we handle loan workouts and other difficult situations. When a commercial loan goes into default, should a lender pursue a workout with a commercial borrower, or call the loan and accelerate the debt? Can the parties work out a standstill agreement to allow the borrower time to bring its default current? We also represent buyers of distressed loans and properties, advising clients over a variety of product types ranging from land to multifamily to hotel. Our overall approach to workouts is “business oriented” because our goal is to helps the parties understand the relevant legal issues and tailor the legal response to conform to the client’s common-sense business considerations.
How we work
Getting started with us
Our streamlined onboarding process will ensure that your needs are met and that all the necessary information is available for our team to file your petition and get your case moving.
Preliminary Consultation
We'll discuss your goals, objectives and identify any potential road blocks
Identification of Scope of Work
We will identify the scope of your project so that we can plan on how to approach and resolve it
Setting Expectations
Understanding
Frequently Asked Questions
These are the most common questions we receive about commercial lending and loan workouts. If you have any other questions, feel free to contact us using the form below or by emailing us at admin@cf-firm.com
What is commercial lending as opposed to residential lending?
Commercial lending is the process of providing loans to businesses for the purpose of financing the acquisition and construction of commercial projects secured by real estate. Residential lending is the process of making loans to individual for the purpose of buying homes. We do not handle residential lending except to represent existing clients who engage us to represent them in residential loans.
What is a Deed to Secure Debt a/k/a a Security Deed?
What types of loans are available for commercial lending?
What is a loan workout?
What are some reasons why a loan workout may be necessary?
What are some options for loan workouts?
What is the role of a commercial real estate attorney in a loan workout?
What is a forbearance agreement?
How can a commercial real estate attorney help with commercial lending?
Types of commercial real estate lending we can assist you with
We can represent you in a variety of manners including in the following categories:
- Acquisition
- Development
- Construction
- Permanent financing
- Local counsel for out-of-state lenders
- Local counsel for out-of-state property owners and developers