Thursday, February 21, 2019, 1:00-2:00pm

When a commercial real estate loan comes due, there are, generally, three alternatives for clients: Refinance the loan, if possible; sell the property, if possible; or restructure the property or development’s capital structure, perhaps with more equity.

There are complex tradeoffs with each.

Renegotiating an extending a loan is time-consuming, even when lenders are willing, and potentially very costly in the face of sharply rising interest rates.

Selling a project in a frothy market is a possibility, but not universally, and may trigger adverse tax consequences.

Most murky of all is restructuring the capital structure of project.

This program provides a real world guide to the issues of working with clients when their commercial real estate loans come due.

Practical alternatives when a commercial real estate mortgage comes due

• Exploration of refinance options in an environment of sharply rising interest rates
• Role of preferred equity, mezzanine loans, and second mortgages
• Alternative of selling into a strong market
• Counseling clients about refinance in a time of certainty

Click on the "In Depth" tab for tuition and speaker information.