Commercial Foreclosure Action on Class B Office Building
Commercial Mortgage-Backed Securities Special Servicer
Representation of a commercial mortgage-backed securities special servicer in connection with foreclosure of a multi-million dollar loan on a Class B office building in Broward County, Florida.
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General Counsel, Head of Bankruptcy, CMBS Litigation and Workouts
Partner
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Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.