Overview
Faegre Drinker attorneys understand troubled real estate assets and portfolios. We work on distressed real estate projects across the United States, representing lenders, borrowers and equity investors. Our knowledge of real estate asset classes, including hotels, retail projects, office towers, condominiums and multifamily projects, and single-family land development deals, and the tools and techniques used in real estate financing, such as deeds in lieu of foreclosure, foreclosure, intercreditor and subordination agreements, receivership proceedings, mezzanine loan enforcement rights, claims and defenses, enables us to provide segment-specific litigation skills to struggling real estate of all kinds. When necessary, our real estate attorneys collaborate with the firm's bankruptcy attorneys to bring knowledge of real estate transactions, finance and remedies to the bankruptcy court and litigation process. At the state level, our attorneys have handled leading appellate cases establishing the rights of lenders to post-foreclosure deficiency claims against guarantors. Our team keeps abreast of the latest capital market challenges, deleveraging pressures and associated legal developments, and investor and lender responses to these real estate strains.