Loan Restructuring & Workouts Commercial Real Estate Firm
Attorney members of the Finance & Institutional Lending (“FILG”) Group frequently assist both institutional and private lenders in activities involving the disposition and restructuring of mature loans, defaulted loans and troubled loans. In many instances, it is more advantageous and cost efficient for our commercial real estate firm clients to pursue out-of-court nonjudicial settlement of nonperforming loans. The scope of these services includes all activities necessary to successfully return such loans to performing status, including negotiation and closing of loan modifications, renewals, forbearances, pledge of substitute or additional collateral to secure debt, collateral surrender and liquidation transactions, and necessary post-closing monitoring and compliance verification. In the event that restructuring cannot be employed to the lender’s satisfaction, firm litigation attorneys are prepared to institute legal action to seek judicial resolution of troubled loans to serve the lender’s needs.
The Gould Cooksey Fennell law firm has offices in Vero Beach, Florida. We serve clients throughout the region including the cities of: Vero Beach, Melbourne, Palm Bay, Fellsmere, Sebastian, Ft. Pierce, Port St. Lucie and West Palm Beach, Florida.