The “forbearance” agreement between a lender and a borrower is an important piece of an orderly sale of a company (as it sells all of its assets and pays creditors). Whether you’re the creditor or the company, a thoughtful forbearance agreement (balanced with key interests of both sides) must be in place to begin the
Yesterday, I did a day trip to Los Angeles with Brian Morris, Greg Erwin & John Nolan. A life insurance company asked us to meet and discuss issues surrounding distressed commercial real estate loans.
It was a reprise of the presentation made by Brian & John at the UT Law School Mortgage Lending…
We’re investigating green buildings, from the perspective that some portion of the huge amount of distressed commercial real estate will include some green buildings.
Earlier this week, Bill Weinberg focused us on these preliminary topics:
- is the collateral raw land or does it include improvements (buildings or other structures)?
- operational and maintenance issues, including
Forbearance agreements are a staple of dealing with distressed investments. They can be a stand alone agreement, or even combined with the terms of a negotiation agreement.
But before we focus on forbearance agreements, I have two sidebar comments:
- if you are attending the Mortgage Lending Institute at the University of Texas Law School
Guest Writer, Laura P. Sims, Winstead PC
This is a special series of blog entries in which we provide quick answers to lenders’ frequently asked questions related to tenant leases (FAQ). Leases are "the" whole point of income producing property—and this series is pointed to the simple goal of helping you protect the basic value…