Real Estate Finance Report (Fall 2008 Edition)

The Structured & Real Estate Finance Group is pleased to announce the latest issue of Seyfarth Shaw LLP’s Real Estate Finance Report (Fall 2008 Edition). As before, we have endeavored to provide a variety of information relevant to lenders in today’s market.

Some of the highlights:

• Importance of guarantor consent to modifications.
• A discussion of the effect on lenders of mechanics liens under California law.
• A very informative interview with Thomas Nealon of LNR Partners.
• A discussion of the effect of securitization on loan modifications.

Additionally, we update you on the activities of the firm's recently formed Strategic Economic Response Team (SERT), provide a summary of recent matters handled by our Structured & Real Estate Finance Group, report on some of the firm’s activities participated in by group members and highlight some future events.

One cannot help but notice that the activities of Seyfarth’s finance attorneys involved in real estate matters include lawyers from across the country and with varying practice specialties, including general real estate, mortgage and mezzanine loan work-outs and enforcement, bankruptcy, litigation, tax and health care. We are proud of our national cohesiveness and confident of its benefit to our clients whose matters reach across state borders. It is truly, as frequently stated by Ed Karlin, Department Chair of Seyfarth’s Business Services Group, one firm with long hallway.