A PRIMER ON KEY CASES AFFECTING COMMERCIAL REAL ESTATE LENDERS IN CALIFORNIA
When will the next economic downturn arrive? Prognosticators give a wide variety of opinions on that question, with some predicting many months of continued prosperity and others predicting imminent doom. The one thing they all agree on is that a down cycle is coming, and it's coming relatively soon.
When it arrives, the down market will bring with it higher rates of borrower delinquencies, defaults and bankruptcies. Lenders secured by California real estate will have to reacquaint themselves with loan enforcement tools they may have been able to set aside, happily, for a while.