TIC Workouts

Representative Matters

  • Represented owner of 400+ unit multifamily development in the negotiations of a $31,000,000 refinancing and construction loan utilized for renovations and the buyout of a minority partner TIC interest.  

  • Represented 30 tenant-in-common investor groups in the chapter 11 cases of DBSI, Inc., formerly one of the nation’s largest sponsors of tenant-in-common investments in commercial, industrial, office and multi-family residential real estate, in the U.S. Bankruptcy Court for the District of Delaware.

  • National and Chicago-based developers in connection with the acquisition, development, construction, leasing, financing and sale of shopping centers and retail properties throughout the United States.

  • Represented lenders and borrowers, including tenant-in-common investor groups, in numerous loan workout transactions, including the restructuring of debt for steel mills, paper mills, real estate developments and manufacturing entities.