Working With Lenders — A Developer's Perspective

Law360, New York (January 12, 2012, 5:53 PM EST) -- As we valiantly work our way out of this Great Recession (something I consider to be more like a depression in the real estate world), we continue to see many developers being hounded by their lenders.

On the local level, most troubled loans are conventional loans funded by local lenders. We are yet to deal with the massive amount of commercial mortgage-backed security (Conduit) loans that we anticipate will start coming due in 2012 with increasing amounts continuing to mature over the next five years....
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