COMMERCIAL LENDING

The Commercial Lending group of Herten Burstein assists our clients in handling a full range of commercial lending transactions. Our clients include regional banks, institutional lenders, private investment groups, commercial finance companies and other non-bank lenders. In addition, Herten Burstein lawyers assist our private real estate and corporate clients in negotiating, structuring, and closing their financing transactions. These clients are investors in commercial and residential real estate, developers of office buildings, condominiums, shopping centers, hotels, healthcare facilities, co-ops, and mixed-use developments.

The Commercial Lending group draws not only upon its own extensive experience, but also that of the firm’s Business Law, Bankruptcy and Creditors’ Rights, Litigation, and Real Estate and Land Use groups. Distressed real estate and businesses in today’s market raise many issues and require diverse expertise. Our lawyers have extensive experience with loan modifications, workouts, restructurings, preference actions, bankruptcies and foreclosures.

Our clients in commercial lending matters include:

  • Regional banks
  • Institutional lenders
  • Private investment groups
  • Commercial finance companies
  • Other non-bank lenders
  • Private investors
  • Joint venture groups

The Commercial Lending group works on matters such as the following:

  • Real estate acquisition and construction financing / mortgage loans
  • Asset-based financing
  • Multi-state property financing
  • Loan assignments, participations and other inter-bank transactions
  • Bond financing and special tax-free financing
  • Equipment lease financing
  • Bridge loans
  • Local counsel
  • Workouts and debt restructuring
  • Foreclosures

Herten Burstein lawyers practicing in this area include:

Thomas J. Herten
Arnold D. Litt
Susan M. Marra
Gianfranco A. Pietrafesa
Nilufer O. DeScherer
William H. Schmidt, Jr.
Cynthia Brooks