Dykema has deep experience in the area of real estate loan workouts and we deliver consistent, cost effective and strategic advice through our cross-disciplinary “team” approach. Our experience covers initial document and collateral review, to negotiations with borrowers and guarantors, through the forbearance period, nonjudicial and contested judicial foreclosures, enforcing assignments of rents, pursuing guarantors, appointments of receivers, and bankruptcies. Our Real Estate Workout Team attorneys have years of experience working with both lenders and developers on complex real estate projects, including residential, commercial, industrial, mixed use, and public-private projects. Representative lender clients include banks and other regulated financial institutions, high-risk real estate funds, pension funds, insurance companies and REITs. In addition, we also represent special services of securitized loans.

Our cross disciplinary team also includes seasoned litigators prepared to defend issues that range from contested judicial foreclosures and receiverships to borrower claims of lender liability. In the event a borrower threatens to or files for relief under chapter 11, our bankruptcy lawyers have extensive and national experience in protecting the interests of mortgagees.

For more information about our Real Estate Workout Team, please contact one of the following:

Ronald L. Rose, 248-203-0519, Bloomfield Hills
Sheryl L. Toby, 248-203-0522, Bloomfield Hills
Cameron H. Piggott, 313-568-6575, Detroit
Brian J. Page, 616-776-7509, Grand Rapids