Structuring Commercial Real Estate Workouts

Structuring Commercial Real Estate Workouts

Author: W. Wade Berryhill

Publisher: Wolters Kluwer

Published: 1999-12-01

Total Pages: 1489

ISBN-13: 0735511217

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Structuring Commercial Real Estate Workouts: Alternatives to Bankruptcy and Foreclosure, Second Edition presents a concise introduction to the legal and business considerations involved in real estate loan workouts. It is designed to aid lenders, borrowers and their legal counsel in confronting the variety of issues encountered in working out an acceptable solution to the dilemma posed by a loan in default. The parties associated with a defaulting loan face a number of potential pitfalls, ranging from imminent insolvency of the borrower (and the diminution in value or loss of a lender's security interest) to draconian penalties incurred through liability for environmental hazards present on the property. Structuring Commercial Real Estate Workouts introduces the varied issues, discusses the limitations and advantages of foreclosure and other remedies, and presents suggestions for guiding potential alternative courses of action. The Second Edition features extensive coverage of environmental liabilities that may arise under federal statutes and regulations such as RCRA and CERCLA and how lenders can avoid or minimize these liabilities. A new chapter has been added on the state mini-RCRAs and CERCLAs, necessitated by the growing importance of state environmental laws to real estate financing. A detailed discussion is presented on the laws and programs that have been developed to minimize lender liability at andquot;brownfieldsandquot; sites in urban areas. Excellent coverage is provided for such key areas as prepackaged plans, single asset real estate cases, cash collateral and adequate protection, deeds in lieu of foreclosure and dealing with guarantors and other sureties.


Real Estate Financing

Real Estate Financing

Author: Brook Boyd

Publisher: Law Journal Press

Published: 2023-11-28

Total Pages: 1564

ISBN-13: 9781588520760

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Real Estate Financing contains over 40 deal-specific forms and checklists online, covering everything from complex loan workouts to simple residential closings. The forms include information about each term and how it can be modified, with separate variations for lenders, borrowers or other parties. A "Data Input Sheet" lets you use the forms with widely available software and can serve as a "term sheet" for the transaction. The accompanying volume provides explanations of the issues along with the guidance you need to draft working documents quickly. Real Estate Financing includes: checklists for loan modifications; wraparound mortgage loans; subordinations; loans secured by condos, co-ops and time shares; sale-leasebacks; contingent interests; securitizations; deeds in lieu and consensual foreclosures; participations; installment sales; sales of mortgage loans; and much more. The checklists highlight "deal" terms, flag risks and hot issues, and direct users, through cross-references, to alternative approaches and analysis. Standards issued by ratings agencies for securitized loans are discussed in detail, as are the EPA and ASTM standards for Phase I environmental reports and the best Web sites for forms and drafting requirements. Book ɿ looseleaf, one volume, 1,550 pages; published in 1997, updated as needed; no additional charge for updates during your subscription. Looseleaf print subscribers receive supplements. The online edition is updated automatically. ISBN: 978-1-58852-076-0.


Dangerous Markets

Dangerous Markets

Author: Dominic Barton

Publisher: John Wiley & Sons

Published: 2002-10-02

Total Pages: 323

ISBN-13: 0471429732

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A corporate guide to crisis management in volatile financial markets Current financial crises in Argentina, Japan, and Turkey are being played out on the front pages of newspapers, and these are just the most recent financial crises that have rolled across the globe in the last decade and whose far-reaching impact hurts business around the world. Dangerous Markets: Managing in Financial Crises recognizes that no global corporation or financial institution can afford to ignore the potential of a financial storm and will help top management and financial professionals navigate through this often disastrous maze. While many books discuss financial crises and their ramifications, none has presented an action plan for managing these storms—until now. Dangerous Markets: Managing in Financial Crises presents a method that allows executives and financial professionals to recognize the warning signs of a financial crisis and act appropriately before the situation spirals out of control. Based on years of research and practice in cleaning up the mess, McKinsey consultants Barton, Newell, and Wilson reveal the warning signs of potential financial catastrophes and provide unique principles that can be followed to shape and manage a strategy for survival.


State of the FDIC

State of the FDIC

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Publisher:

Published: 2012

Total Pages: 60

ISBN-13:

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Structuring Commercial Real Estate Workouts

Structuring Commercial Real Estate Workouts

Author: Stanley M. Stevens

Publisher: Aspen Publishers

Published: 1995-12-31

Total Pages: 602

ISBN-13: 9780131518537

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This up-to-date manual will help you analyze the factors that affect the workout decision, understand the pros and cons of each possible solution, and determine exactly what leverage you have. The authors discuss the real estate market and why the current climate is allowing for the easier consummation of workouts. They define a workout and describe an investment analysis approach to the initial determination of whether it makes sense to foreclose. How to formulate a workout strategy both from the borrower's and the lender's perspectives is then explained, with specific strategies given for workout negotiations. Also discussed in detail are the following possible pitfalls that each side must address: tax implications, bankruptcy, lender liability threats, and environmental risks of the real estate, inclduding the problem of 'brownfields'.


Commercial Lending Basics

Commercial Lending Basics

Author: Edward K. Gill

Publisher:

Published: 1983

Total Pages: 224

ISBN-13: 9780835908818

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Commercial lending is an area which involves a certain degree of risk. This text aims to familiarize professionals with the pertinent issues, thus reducing the degree of risk. It disucsses the steps that must be taken before a commercial loan is granted and examines such topics as financial statement analysis and policy formulation.