We Get Loan Modifications
Our attorneys are all trained to draft "state of the art" modification agreements.
Loan Due Diligence for Lenders
The Real Estate Finance Group of Rosenberg Martin Greenberg provides exceptional loan due diligence for lenders. Each attorney in this division of our firm is committed to the success of every transaction. To that end, we begin every transaction with a detailed and efficient review of the borrowing entity, title and survey, as well as all other real estate-related documents, including environmental site assessments and insurance documents. Such thorough review enables our lender clients to evaluate all applicable risks. With decades of experience, our lawyers have tackled the most complex title, survey, leasing and other real estate-related issues by addressing such issues with loan documents that are appropriate for the deal structure and that protect our clients.
Benefits of comprehensive loan due diligence
Whenever a lender enters into a transaction with a borrower, there are several areas where the arrangement could ultimately fail. To safeguard against such pitfalls, it is incumbent upon the lender to ask the important questions such as:
- Is the borrower making accurate and believable representations?
- Is the property a sound investment?
- Is the venture going to perform well enough to make the transaction worthwhile?
Commercial due diligence targets these uncertainties to minimize risk, and Rosenberg Martin Greenberg can provide valuable input in assisting the lender answer the above questions.
The borrower will need to provide key necessary information including:
- Personal credit information
- Documentation of the financial history of the company and principals
- Tax returns
- Any other loans and liabilities
- Any documentation related to the potential purchase/development of the real estate
Equipped with this information, a due diligence expert can assess and analyze the integrity of the borrower, predict the reliability of the transaction, and ensure a sound return on investment.
Loan due diligence is especially important in areas such as:
- commercial real estate underwriting
- insurance due diligence
- commercial loan underwriting
- residential real estate underwriting
Insight into these transactions can come from specialty databases, court records, secretary of state records, and other sources. An expert in loan due diligence can not only access these documents, but also interpret the findings, determine the risk, and make appropriate recommendations.
Benefits of outsourcing loan due diligence
In addition to industry-specific experience that builds special insight into transactions, loan due diligence attorneys have access to resources that make the process more efficient. For example, our due diligence attorneys have access to databases containing information related to potential parties including their UCC filings; tax, judgment, or other liens against it; and lawsuits over missed vendor payments.
A professional can also spot areas of potential liability like that which can arise from environmental contamination of real estate acquired in a deal, and thus subject to CERCLA and other federal regulations.
Work with a Leading Lender Law Firm
The attorneys in the Real Estate Finance Group of Rosenberg Martin Greenberg bring detailed, efficient analysis of transaction documents to ensure deals are structured in a way that protects the interests of our clients. Depend on a team with decades of experience in complex lending matters and commercial litigation.
We will work tirelessly on your behalf to ensure lenders get the benefit of the bargain in every loan transaction.
Loan Due Diligence Team
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