Overview
The financing of commercial real estate has become as innovative and complex as the capital markets that fuel the industry. Katten's Real Estate Finance and Lending group brings valued industry experience, practical know‑how, multi-disciplinary resources and a deep bench to assist our clients with real estate finance projects of every size and type through all phases of the project and all economic cycles. As part of a broad-based, national and international practice, our attorneys are well-versed in all aspects of real estate transactions. We represent lenders, borrowers, owners and investors with equal skill in origination, syndication, servicing, restructuring, insolvency and enforcement matters in all market conditions.
Global reach and national prominence with local insight
With offices in major US real estate markets, the UK and Asia, our Real Estate Finance and Lending team has the geographic footprint and experience to support our clients locally, nationally and internationally. Our team of approximately 90 real estate attorneys is one of the largest real estate groups among leading US law firms – we have been recognized for the breadth and depth of our practice and our commitment to client service, including being named the 2022 “Law Firm of the Year” in Real Estate Law and the 2023 “Law Firm of the Year” in Litigation (Real Estate Law) by U.S. News. Our integrated, multi-office team allows us to cost effectively staff both single-asset and large portfolio transactions and provide market-sensitive support to our clients in the many markets in which they invest. We represent providers and users of financial products and offer current industry counsel on a geographic basis that our clients value and have come to expect.
As part of an international, full-service law firm, we regularly draw upon the support of our other practice groups, including our tax, litigation, environmental, insolvency and restructuring, financial services, structured finance and securitization, corporate and securities, private fund regulation and formation, and employment and compensation practice groups to assist us in supporting our clients.
Sophisticated knowledge with a client-first focus
The complexity of real estate transactions requires a comprehensive understanding of the asset being financed and the current state of real estate markets. As we represent both lenders and borrowers, our attorneys are adept at both understanding the structure of the transaction and the issues that need to be addressed (including potential problems that could affect the value and marketability of the underlying asset), as well as conducting the required due diligence to uncover any additional potential issues and, finally, documenting the transaction accordingly. As such, we are able to suggest resolutions to legal and business issues in addition to assisting our clients in analyzing the risks in each transaction and structuring the transaction to mitigate those risks, which is especially important during distressed real estate markets. Working closely with our lender and borrower clients, as applicable, we negotiate solutions that protect their interests and take into account all economic environments — regardless of asset type — while constantly moving the deal forward toward closing.
While our focus is to assist our clients in structuring their financial products, obtaining capital from a variety of sources and structuring their capital stack to meet their objectives, our experience enables us to understand the needs of all other parties to the transactions, resulting in an experience that leaves a positive impression on all parties. When investments do not go as planned, we help our clients preserve and recover those investments, including workout, restructuring and enforcement.
We are proud to be a trusted advisor to a broad range of clients with respect to their various financial products covering all asset classes. Our Real Estate Finance and Lending team assists start-ups and middle market lenders and borrowers, as well as internationally recognized global institutions. Our clients include local, regional, national and international banks, investment banks, insurance companies, pension funds, mortgage REITS, debt funds, private equity funds, developers, owner/operators, managers and non-profit organizations. We assist our clients in the financing of office, retail, hospitality, mixed-use, industrial, multifamily (including affordable housing), stadiums, for-sale condominium projects and working capital needs with a wide range of financial products, including:
- Senior secured, mezzanine and subordinated debt financing
- CMBS financing and CMBS and CLO securitizations
- Portfolio financing
- Construction financing
- Bridge financing
- Subscription lines
- Preferred equity
- Syndications
- Participations
- Co-lending relationships, including multi-tranche senior/subordinate financings
- Repurchase agreements, warehouse lines and “loan on loan” financings
- Revolving credit loans
- Ground leasehold financing
- Sale/leaseback and credit tenant financing
- Bond financing, including affordable housing bond financing
- Tax credit financing, including LIHTC, NMTC and HTC investing
- Defeasance
- Loan assumptions
- Loan and loan portfolio acquisitions and dispositions
- Forbearance, workouts and modifications of loan transactions
- Real estate litigation, insolvency and bankruptcy matters
- Judicial and nonjudicial foreclosures and deed-in-lieu transactions
- Discounted note sales and payoffs
- REO acquisitions and dispositions
- Tax issues related to real estate financing
- Environmental issues
"Katten has the capabilities to advise on the highest-complexity matters."
Chambers USA 2023
(Illinois, Real Estate) survey response
Experience
Insights
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Publication | April 8, 2024
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News | March 14, 2024
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News | January 29, 2024
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Publication | November/December 2023
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News | November 2, 2023
Key Contacts
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Partner+1.310.788.4459 -
Partner+1.202.625.3555+1.212.940.8555 -
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Charlotte
