Converting Distressed Real Estate Developments: Legal and Financial Considerations
Navigating the Zoning, Covenant, Lender and Successor Liability Complexities
Recording of a 90-minute CLE webinar with Q&A
This seminar will examine the benefits and risks of converting distressed real estate developments to other uses, including rentals, fractionals, hotels and mixed use developments, and will explain the legal, financial and practical considerations for developers when converting the projects.
- Converting distressed developments — current market trends
- Condominiums and townhomes
- Subdivisions/single family homes
- Age-restricted communities
- Retail developments
- Legal considerations when converting developments
- Covenants and conditions
- Use of amenities
- Lender/lien issues
- State laws governing fractionals and rentals
The panel will review these and other key questions:
- How has the distressed real estate market impacted the building and sale of new development projects?
- What are the options for developers and sellers stuck with distressed development projects and seeking to minimize their losses?
- What are the legal and practical considerations for converting failed developments to fractionals, rentals, hotels or mixed use developments?
David A. Barksdale
He focuses on distressed real estate, real estate development, finance and construction, and secured finance. He... | Read More
He focuses on distressed real estate, real estate development, finance and construction, and secured finance. He advises both lenders and borrowers on workouts and the financial restructuring of distressed real estate projects, including master planned and mixed-use developments, retail and office centers, casinos, hotels, industrial properties, and other types of commercial real estate.Close
M. Maxine Hicks
Epstein Becker & Green
She has extensive experience in the acquisition, development, leasing, distressed assets, clubs and recreational... | Read More
She has extensive experience in the acquisition, development, leasing, distressed assets, clubs and recreational amenities, state and federal regulation of real property, mixed use community governance and municipal matters. She is a noted author and lecturer on issues relating to master-planned communities.Close
Mel S. Weinberger
Holland & Knight
He is the co-leader of the firm's Global Hospitality, Resort, and Timeshare Practice and has specialized in all aspects... | Read More
He is the co-leader of the firm's Global Hospitality, Resort, and Timeshare Practice and has specialized in all aspects of resort development and finance for 28 years. In particular, his practice focuses on timeshare and fractional resorts, condominiums, equity and non-equity clubs, and mixed use developments.Close
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