It has long been the law in New York that a deed that serves as security for a debt is considered nothing more than a mortgage. Applying this principle, New York courts have treated deeds given to ...
Richard S. Fries and Todd B. Marcus, partners in Bingham McCutchen, write: In any loan workout, the parties need to reconcile, amicably, their contrary objectives (the borrower seeks time, equity in ...
A Smart Commercial Lender Should Never Foreclose Before Entering into a Forbearance Agreement with Its Borrower Online, April 15, 2014 (Newswire.com) - A smart commercial lender should arguably never ...
The global spread of the coronavirus is the unexpected event the U.S. commercial real estate industry feared would halt the country’s longest period of economic expansion. But when rent or mortgages ...
WeWork has entered into a seven-day forbearance agreement with its noteholders after skipping interest payments earlier this month. The co-working company disclosed Tuesday that it reached the ...
As the wave of commercial real estate maturities continues to grow, borrowers are seeking extensions, and lenders are using those negotiations to strengthen their position and avoid lengthy ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Khadija Khartit is a strategy, investment, ...
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