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Supervised $1 billion in hotels loans

Represented special servicer in the administration, servicing and resolving of hotel loans in the aggregate amount of $1 billion. Representation involved work-outs, forbearances, restructurings, sales, assumptions and transfers of beneficial interests, coordination of foreclosures and state and federal court-appointed receiver sales, deeds-in-lieu of foreclosure, transition of hotel franchise/flag, management and liquor licenses, PIP construction issues and equipment leasing.
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Susan J. Pontigas

Susan J. Pontigas

Of Counsel
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Experience
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
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