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...
25 Sep, 2024 Different Sectors, Same Page By George Evans I recently attended the IMN Distressed CRE Forum in New York, alongside my colleagues Brian Cohen, Zev Gewurz and Doug Rosner. It was...
20 Sep, 2024 Reminder To Draft Purchase And Sale Agreements With Care By Mariana Korsunsky Kevin O'Flaherty Gary Ronan John White III +1 more... Show less Somerville Off. Assocs. Ltd. P'ship v. Cresset Dev., LLC, 104 Mass. App. Ct. 1108 (2024). In Somerville Office Associates Limited...
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,...
17 Sep, 2024 Lender Liability Claim Results in Sanctions Against Borrower’s Counsel By Charles Jacob III Jaclyn Grodin A creative attempt by a borrower to forestall foreclosure and recover damages against its lender ended badly for the borrower, with the...
16 Sep, 2024 Navigating Lender Liability Complexities & Minimizing Risk By Zev Gewurz Jaclyn Grodin Charles Jacob III Douglas Rosner Adam Safer Eric Seltzer +3 more... Show less As lenders and borrowers try to get creative in working through ongoing distress in the real estate market, especially in certain asset...
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...
22 Apr, 2024 Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices By Timothy John Carter Corporate restructurings are on the rise in 2024, as a slow burn of delayed insolvency from the COVID-19 pandemic works its way into...
08 Mar, 2024 Relationships Rule at ICSC + OAC By Melissa Rivers “Do You Know What It Means to Miss New Orleans?” Louis Armstrong and Billie Holiday asked this question in their popular 1947 song of the...
01 Feb, 2024 Lenders Seek to Avoid Creditor Violence By Timothy John Carter Pamela MacKenzie James Wallack As U.S. businesses face ongoing economic headwinds, commercial lenders are acting more aggressively to reduce their exposure to rogue...
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...