Real Estate Workouts and Restructurings
Sidley’s Real Estate practice has been in the forefront of the real estate workout area with market-leading experience in the representation of investment banks, money center banks, opportunity funds, servicers of defaulted securitized mortgages, owners of liquidating portfolios of non-performing and underperforming loans, borrowers of distressed debt, and purchasers and sellers of portfolios of defaulted debt.
Our experience extends to mortgage loans (including securitized loans) secured by both U.S. and off-shore real estate, B-Notes, participations and mezzanine loans made to owners of real estate and preferred equity investments. The foundation of our strength and success in workouts and restructurings for real estate secured assets can be found in the close coordination of the following Sidley core practice teams:
- Real Estate
- Global Finance
- Syndicated and Leveraged Finance
- Complex Commercial Litigation
Our workout and restructuring team has broad experience representing both lenders and borrowers in the development and execution of strategies related to distressed debt, including defensive approaches, structuring of bonds secured by underperforming loan portfolios and innovative techniques in remedies, deeds-in-lieu of foreclosure and restructuring.