19 Nov, 2024 Goulston & Storrs Real Estate Attys Talk Distress Playbook By Zev Gewurz Frank Ditta As commercial real estate distress continues to play out, attorneys are seeing lenders adopt new strategies to save or reduce their...
30 Oct, 2024 Commercial foreclosures rise as lenders approach 'inflection point' By Douglas Rosner Commercial foreclosure activity across the nation crept up last month despite more positive sentiments across the commercial real estate...
30 Oct, 2024 Mitigate Risks of Lender Liability Claims When Reworking Troubled CRE Loans By Charles Jacob III I recently had the opportunity to present during a Strafford CLE webinar on strategies for mitigating the risks of lender liability...
20 Sep, 2024 A High Price To Pay For Judgments In Litigation By Mariana Korsunsky Kevin O'Flaherty Gary Ronan John White III +1 more... Show less H1 Lincoln, Inc. v. South Washington Street, LLC, et al., 104 Mass. App. Ct. 256 (2024) The decision arises from a “bitter and...
20 Sep, 2024 Let’s Clear The Air: Industrial Facilities Must Comply With Board Of Health Regulations By Mariana Korsunsky Kevin O'Flaherty Gary Ronan John White III +1 more... Show less P.J. Keating Co. v. Town of Acushnet, 104 Mass. App. Ct. 65, 233 N.E.3d 1097 (2024), review denied, 2024 WL 3346086 (Mass. June 27,...
24 Jul, 2024 Is It Me? When CRE Loans Get Personal By Douglas Rosner Timothy John Carter Jonathan Hayden Paige Marshall Elijah McDonnaugh +2 more... Show less Savvy commercial real estate (CRE) borrowers and lenders seeking to minimize downside exposure pay close attention to the triggers for...
23 Jul, 2024 D.C. FY25 Budget Expands CRE Revitalization Initiatives By Lawrence Ferris Jeff Utz The end of June saw the D.C. Council pass the Fiscal Year 2025 Budget Support Act of 2024 and the Fiscal Year 2025 Local Budget Act of...
12 Jun, 2024 Commercial Real Estate Note Purchases: Lender’s Loss, Investor’s Gain By Timothy John Carter Frank Ditta Zev Gewurz Jonathan Stein +1 more... Show less In this ongoing article series with Citybiz, members of the Goulston & Storrs Commercial Real Estate Workouts Group keep you up to date...
24 Jan, 2024 WeWork Wrestles to Amend Leases as Landlords Seek Clarity on Restructuring Plan By Douglas Rosner WeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace...
27 Dec, 2023 Keeping the Lights On: Payment of Operating Expenses After an Event of Default By Andrew Bensson Kimberly Yeager Craig Todaro When an event of default occurs under a mortgage loan, the lender’s first thought might be, “How will we get repaid?”, while the...
20 Dec, 2023 “Frustration of Purpose" Defense Still Frustrating for Commercial Tenants By Joel Antwi Mariana Korsunsky Kevin O'Flaherty Gary Ronan +1 more... Show less Inland Commercial Real Estate Services, LLC v. ASA EWC, LLC, 213 N.E.3d 604 (2023). The Massachusetts Appeals Court recently issued a...
06 Oct, 2023 What happens when lenders cannot schedule a foreclosure sale within the 90-day statutory time period? By Jonathan Hayden Charles Jacob III The uptick in commercial foreclosures, combined with the still-lingering pandemic-induced delays, has created an environment,...
17 Jul, 2023 The Semantic (and Substantive) Misconception in "Handing Back" the Keys By Timothy John Carter The phrase "hand back the keys" is frequently used in discussions of a borrower's options to address a distressed loan scenario, in real...
26 Jun, 2023 Planning for Continued Distress Across the Commercial Real Estate Industry: The Importance of Evaluating Options Early and Often By Jaclyn Grodin Douglas Rosner Distress in the commercial real estate (CRE) industry is on the rise, perhaps even more quickly than market participants had expected....
22 Feb, 2022 Tax considerations for ground leases By Jonathan Stein For investors looking for new opportunities, ground leases are catching on in New York City and beyond. A ground lease occurs when the...
03 Feb, 2022 Time Doesn’t Kill Leasing Deals, Bad Negotiation Does By Hara Perkins Propmodo Every good deal maker knows getting a handshake agreement is just the start of the sale. In deal-making, as well as...