Subordinate financing for real estate has been around for as long as borrowers have desired to increase their leverage. Historically, such funding was…

Homeownership in the United States has been in a slow and steady decline since reaching an all-time high of 69.2% in 2004. Defined as the percentage…

Any first-lien lenders that permit a borrower to obtain second-lien financing will try to ensure that their interests are primary to those of the second-lien…

Lenders are faced with an ever-increasing number of defaulted commercial real estate mortgages, forcing them to either modify the loan or foreclose on…

In contract drafting, efforts clauses are ubiquitous but poorly understood. In settlement agreements for distressed transactions, lawyers frequently…

Homeownership in the United States has been in a slow and steady decline since reaching an all-time high of 69.2% in 2004. Defined as the percentage…

In contract drafting, efforts clauses are ubiquitous but poorly understood. In settlement agreements for distressed transactions, lawyers frequently…

Although virtually all global economies are in a state of recovery, the majority of property markets are either flat or have improved only slightly.…