Commercial Real Estate Loan Documents: Current Structures and Negotiating Trends

Nonrecourse Carve-outs, Springing Guaranties, SPE Provisions, Cash Management and More

A live 90-minute CLE webinar with interactive Q&A


Thursday, June 14, 2018

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

or call 1-800-926-7926

This CLE webinar will provide real estate counsel with an understanding of structural characteristics that institutional real estate lenders currently require in commercial real estate loans and typically negotiated terms. The panel will also discuss crucial court decisions that have impacted industry practices.

Description

The commercial real estate industry has developed a variety of financing techniques which provide additional protections and controls to the lender and make loans more marketable in syndication or securitization. Counsel should understand the reasons behind these deal structures and the areas subject to negotiation.

Tight underwriting criteria, debt service or loan-to-value triggers, “special purpose entities” (SPEs), independent directors, nonrecourse carve-out, springing liability, and cash management are among the requirements that now appear in many commercial mortgage loan transactions. But, parties fiercely negotiate these provisions, which vary depending on loan size and attributes of the borrower and the property.

Listen as our authoritative panel of attorneys explores current deal and structuring terms now required by institutional real estate lenders in commercial loan documents. The discussion will include different types of cash management and reserves, variations on carve-outs and SPE requirements, and the areas of possible negotiation on each.

READ MORE

Outline

  1. Nonrecourse carve-outs
  2. Springing guaranties
  3. Cash management practices
  4. SPE provisions
  5. Reserve agreements and other credit enhancements

Benefits

The panel will review these and other pivotal issues:

  • What are SPEs in real estate financing—and how are they structured?
  • What are the latest trends in nonrecourse carve-outs?
  • What are the types of cash management practices available?

Faculty

Goodrich, James
James E. Goodrich

Partner
Saul Ewing

Mr. Goodrich handles industrial, office, retail and multi-family transactions for clients across the U.S. His work...  |  Read More

Homburger, Thomas
Thomas C. Homburger
University of Arizona James E. Rogers College of Law

Mr. Homburger concentrates his practice in the area of real estate financing, development and investment, and he is...  |  Read More

Live Webinar

Buy Live Webinar

Live Webinar

$297

Buy Live Webinar & Recording
A savings of $200

Live Webinar & Download

$394

Live Webinar & DVD

$394 + $9.45 S&H

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$297

Download

48 hours after event

$297

DVD

10 business days after event

$297 + $9.45 S&H