The negotiation and documentation on behalf of lenders and borrower of real estate secured financing transactions is a major aspect of Best & Flanagan’s real estate practice. We have a long history of representing both local and national financial institutions. Our attorneys consistently deliver practical, substantive and cost effective ideas and solutions facing lenders and borrowers. We both negotiate and structure loan transactions that comply with regulatory and internal lender requirements. We pride ourselves on creative agreements that are clear and concise, avoiding overreaching provisions or excessive legal jargon. We provide meaningful insights into negotiating and documenting all variety of real estate secured loans.
Our lawyers are well versed in both construction and term loans. We assist in modifications, additional advances and workouts/restructurings, and have successfully executed tri-party agreements and participation agreements with banks. We advise lenders in connection with letters of credit, enhanced industrial development bonds and multifamily housing revenue bonds.
Because our team is particularly savvy in real estate development initiatives, we are able to understand development-related entitlements and resolve significant business and title issues when needed. Our lending clients appreciate that we are able to add value to their customers throughout the financing transaction, thus enhancing the overall relationship between lender and borrower.