Speaking Engagement

Arren Goldman to Serve as Workshop Facilitator for "Don’t Assume Anything: Navigating the Loan Assumption Process and its Pitfalls" at 2018 ICSC U.S. Shopping Center Law Conference

10/24/2018

Orlando, FL

Arren Goldman, a partner in Seyfarth's Real Estate department, is serving as a facilitator for the "Don’t Assume Anything: Navigating the Loan Assumption Process and its Pitfalls" panel at ICSC's 2018 U.S. Shopping Center Law Conference on October 24 in Orlando, Florida.

Panelists and participants will learn about all aspects of the loan assumption process, from negotiating the loan assumption provisions in a purchase and sale agreement (including for property that is subject to CMBS debt), to closing the loan assumption and efficiently addressing the lender’s diligence requirements and the cash management structure for the property. Discussion topics will include: the provisions in the original loan documents which are frequently renegotiated by the new borrower; how to negotiate the loan assumption agreement and allocate liability under the loan between the original borrower and guarantor and the new borrower and guarantor; understanding the roles, requirements and restrictions of the servicers (master and special) and rating agencies that may be involved in the loan assumption process; and how to negotiate the original loan documents at origination to make the loan assumption process smoother and less costly.