Distressed Real Estate Bankruptcies Continue, Despite Interest Rate Peak

Although interest rates may have peaked, we continue to expect a large volume of distressed real estate debtors to utilize the bankruptcy system over the next couple of years. This article analyzes two recent decisions regarding distressed real estate bankruptcies, both of which involve rights of real estate lenders against proceeds of collateral other than the real estate itself.

7 minute read January 01, 2024 at 12:09 AM
By
Andrew C. Kassner and Joseph N. Argentina Jr.
Distressed Real Estate Bankruptcies Continue, Despite Interest Rate Peak

Although interest rates may have peaked, we continue to expect a large volume of distressed real estate debtors to utilize the bankruptcy system over the next couple of years.

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