CRE owners of office, retail, and even multifamily assets may struggle to refinance at current rates or be forced to sell. Some may be unable to sell at a price that satisfies their current obligation and lack the cash to cover the difference, resulting in foreclosure. Before taking on distressed assets, opportunistic buyers and foreclosing lenders should be aware of—and prepared for—associated risk.
In this GlobeSt. article, Jenny Redlin discusses how to manage risk and properly plan for the disposition of assets and what buyers and lenders should investigate before a transaction.
March 13, 2025
The hospitality sector is enjoying renewed interest from investors, with more deals in the pipeline, increased refinancings, and improved transaction volume. While the industry still faces challenges, optimism prevails for modest growth over the next year.
March 11, 2025
What are grandfathered uses, also known as legal nonconforming uses and what do you do? Partner’s experts, Alexis Whipple, and Sara Ehrentreu outline practical scenarios and explain the options that you can take in this article.
March 06, 2025
Beyond the immediate damage caused by flames, residual damage caused by smoke and soot can leave lingering effects requiring thorough restoration and clean-up of your commercial or residential property. Understanding the smoke damage cleanup process and knowing what to expect can help commercial and residential property owners navigate this challenging time more effectively.
