Structuring Financeable Ground Leases and Leasehold Mortgages
Balancing Competing Interests Among Owners, Lessees, and Lenders
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will provide counsel with an overview of the process of drafting and negotiating a financeable ground lease and address key provisions that balance the interests of the owner, lessee, and lender. The panel will also discuss the leasehold mortgage and issues presented by leasehold financing.
- Perspectives of the owner, lessee, and lender
- Is the ground lease financeable?
- Key provisions of a ground lease/differing interests
- Common solutions/the "middle ground"
- Ground leasehold mortgages/drafting and foreclosure
- Lessons from the recent economy and the role of ground leases in future development
The panel will review these and other high priority issues:
- What are essential provisions of a ground lease?
- What solutions are available to resolve critical areas of dispute that may be acceptable to all parties involved--the landlord, tenant, and lender?
- What are the typical "deal breakers" for the respective parties in a ground lease?
- How are tighter lending standards and rating agency requirements impacting the use of ground leases?
Ms. Cohen focuses her practice on commercial leasing transactions, ground leases, and real estate sales and... | Read More
Ms. Cohen focuses her practice on commercial leasing transactions, ground leases, and real estate sales and acquisitions. She has represented a wide range of prominent landlords and tenants in retail and office leases across the U.S. Her tenant clients have included large financial institutions, well-known restaurants, art galleries, international retailers, television networks and fashion brands in prime Manhattan locations. Ms. Cohen also represents parties in the acquisition and sale of real estate development rights, as well as outdoor advertising, billboard and signage leasing.Close
Patrick J. O’Sullivan, Jr.
Mr. O’Sullivan represents developers, investors, governmental entities and not-for-profit institutions on a range... | Read More
Mr. O’Sullivan represents developers, investors, governmental entities and not-for-profit institutions on a range of real estate matters with a focus on development issues, particularly those that arise in public-private transactions. He has represented clients on a range of complex transactions for properties across the U.S., including acquisitions and dispositions, large-scale developments, joint ventures, construction projects, and public and private financings.Close