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Real Estate Loan Workout: Exchange of Enhancements for Concessions

As a result of the coronavirus pandemic, a property owner might reach out to its lender for urgent, needed debt relief. The lender, which strives for a performing asset, an on-going relationship with its customer makes concessions. In exchange for these concessions, the lender should obtain credit and legal enhancements., which should also enable the lender to make concessions that are more meaningful to the property owner, its investors, its tenants and its business.

13 minute readJuly 01, 2020 at 12:07 AM
By
Richard S. Fries
Real Estate Loan Workout: Exchange of Enhancements for Concessions

Whether a result of the coronavirus pandemic, the suddenly dislocated capital markets, the end of the lengthy commercial real estate boom, or changes in the real property or its revenue, the property owner reaches out to the lender for urgent, needed debt relief.

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