Ellen Goodwin presented "Junior/Senior Participations (A/B Loans)" on February 14, from 9:00 a.m. - 10:15 a.m., at this conference sponsored by PLI. The following topics were covered during the session.
- Agendas of the Parties
- The “Standard” Intercreditor Agreement; Typical Negotiations
- Appraisal Reductions
- Decision Making
- Purchase Options
- Bankruptcy Issues
This seminar explored issues, problems and recent changes in how lenders and borrowers negotiate commercial real estate loans in the recent financial crisis. The program covered how today’s lower valuations and the renewed conservatism of lenders will shape the terms, legal negotiations and closing process of commercial real estate financing in 2013. This year’s program discussed loan document negotiations, rental income, leases and nondisturbance agreements. The speakers explored categories of financing and categories of distress, and how borrowers and lenders might respond. In addition, the program covered how commercial real estate financing might look in the next cycle, and lessons to be learned from today’s transactions and continuing workouts.
February 14-15, 2013
PLI New York Center / New York, NY