In addition, we have favorably negotiated numerous forms of non-traditional financing arrangements, including sales and real estate tax incentives to joint venture structures that blend equity and debt arrangements with institutional and private party investors.
In one recent matter, we saved a client's group of commercial properties in technical default due to a guarantor breach on its loan. Payments were current, but the hedge fund lenders were putting extraordinary pressure on our client to surrender the property. We quickly cut a deal with the lenders, then helped the client raise new capital and replace the lenders.
A large part of the firm's practice involves acting as lender's counsel in loan transactions. We have for many years assisted institutional and private lenders to analyze, structure, perform due diligence and document complex real estate loans.