Whether the strategy is to cut losses and move on, work through, buy time or place bets on the future, Goodwin Procter's real estate finance lawyers are active market participants in creatively guiding clients through challenges during this time of unprecedented disruption in the credit markets.
We represent real estate industry clients as borrowers, lenders or investors in a wide range of debt and debt-related matters, including financings and refinancings, loan extensions and restructurings, negotiated workouts, foreclosure and in-lieu transactions, bankruptcy proceedings, and associated litigation, as well as investments in distressed debt.
We have longstanding experience through many evolutions in real estate finance in both up and down cycles, including:
- Acquisition, construction and permanent mortgage financing for all property types
- Mezzanine and other subordinated debt financing
- Credit facilities for REITs and other operating companies
- Subscription secured credit facilities for funds
- Participated, syndicated and securitized debt
- Multi-layered borrower structures and complex creditor arrangements
We are currently assisting clients as they invest, finance, refinance, modify, extend, workout, foreclose and otherwise deal with both performing and non-performing debt in a time of greatly reduced valuations and impaired debt and equity capital markets. As clients work to de-lever their holdings, we are also assisting in evaluations of entire portfolios, and with sales and other capital-raising transactions.
We understand the complexities involved in both existing and proposed capital structures and the varying motivations of stakeholders. Our broad and deep experience allows us to counsel clients effectively as they address a variety of financing needs, problems and opportunities in a very challenging environment.