News & Analysis as of

Real Estate Market Distressed Properties

BCLP

European Distressed Real Estate - How Will It Play Out This Time?

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BCLP’s Pan-European Real Estate team hosted a round-table event on 27 February 2024 with several Managing Directors at Alvarez & Marsal to discuss the European commercial real estate market, including the latest developments...more

Pillsbury - Gravel2Gavel Construction & Real...

Acquiring Distressed Real Estate Mezzanine Debt: A Diligence Checklist

We recently discussed the importance of diligence when acquiring distressed commercial mortgage loans, providing a diligence checklist for the process. Given that any foreclosing mezzanine lender may step “into ownership” if...more

Proskauer Rose LLP

Proskauer: ‘We’re going to see a big uptick in distressed opportunities’

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The private real estate industry has been anticipating distress since the start of the pandemic. But as governments passed emergency measures to keep the economy afloat, the prospect of widespread distress receded. ...more

Cozen O'Connor

New York Commercial Reasonability Standards in UCC Mezzanine Foreclosure Sales During COVID-19

Cozen O'Connor on

The COVID-19 pandemic has brought with it a host of novel legal issues, and just as nature abhors a vacuum, the legal profession abhors a lack of precedent. A case in point relates to mezzanine loan foreclosure sales under...more

Carlton Fields

Lessons Learned: Receiverships

Carlton Fields on

The COVID-19 pandemic may lead to a new round of distressed real estate and, consequently, a need for court-appointed receiverships....more

Proskauer Rose LLP

Distressed Real Estate Workouts, Trades and Loan Purchases: Tax Consequences Matter

Proskauer Rose LLP on

The COVID-19 pandemic has been wreaking havoc on the economy generally, and with respect to many asset classes of real estate, specifically, and the general consensus now is this unfortunate situation will not abate for some...more

Fox Rothschild LLP

A Look At The Housing Market

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As I write this, it is sunny and 55 degrees. Realtors ordinarily would be calling back customers from the weekend open houses. The market should be not just brisk but frothy. In many markets, the inventory of housing has...more

Bilzin Sumberg

Amendments to Condominium Termination Law Impede Ability to Terminate

Bilzin Sumberg on

Responding to perceived abuses in condominium terminations, the 2015 Florida Legislature passed Chapter 2015-175, amending the termination provisions of the Condominium Act. This statute clears up certain problems experienced...more

Bilzin Sumberg

Sunset of Distressed Condominium Relief Act Extended

Bilzin Sumberg on

The Distressed Condominium Relief Act enacted as Part VII of the Condominium Act in 2010 (“Act”) was a temporary measure to encourage absorption of unsold condominium units arising as a result of the Great Recession. This...more

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