Real Estate Finance

 

We represent borrowers and lenders in real estate financing, and we have worked both seats — one of our partners served as associate general counsel to a publicly traded bank.

 

Practice Contacts
David A. Katz · Kaitlin R. Zarro

 

Our work runs from a single-asset acquisition loan to the consolidation of a legacy portfolio into one bank facility, and includes the financing that sits underneath residential land development: acquisition and development loans, revolvers, letters of credit posted against public works agreements, and the guaranties that go with them.

 

Facilities

 

• Acquisition financing

• Acquisition and development loans

• Construction loans

• Mortgage and permanent financing

• Mezzanine and preferred equity

• Bridge financing

• Multi-property and portfolio facilities

• Refinancing and loan consolidation

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Documents and issues

 

• Loan agreements, notes, deeds of trust and security instruments

• Guaranties, including completion and carve-out guaranties

• Intercreditor and subordination agreements

• Letters of credit and bond substitutes

• Title insurance, endorsements and survey review

• Borrower entity structuring and organizational requirements

• Loan modifications, extensions and workouts

 

Representative Matters

 

• Represented a Maryland real estate partnership in a $17 million first-lien refinancing of a three-property commercial portfolio, consolidating existing loans into a regional bank facility.

• Negotiated and closed a $7.5 million refinancing of a debt facility secured by a retail shopping center, with a life insurance company lender.

• Represented a lender in connection with the financing of a 199-unit senior living and memory care community in Laurel, Maryland, delivering the opinion of counsel required at closing.

To discuss a loan, a refinancing or a workout, get in touch.