To view a map of our Commercial Mortgage Lending Experience, click here

Polsinelli’s Real Estate Finance attorneys have a practical and problem-solving approach to loan origination and servicing transactions for our lender and servicer clients, focused on positive outcomes that are as borrower-friendly as possible without compromising lender and servicer interests. Our team of professionals regularly represents our real estate lending clients, including CMBS lenders, insurance companies, funds, banks and other financial institutions, in acquisition, construction, bridge, permanent and mezzanine financing transactions of all sizes and complexities, involving real estate across the country. We have closed thousands of commercial mortgage loans secured by property in all 50 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico. We also represent our lending clients, as well as some of the largest commercial loan servicers in the country, in the administration and servicing of commercial real estate loans. This includes the full spectrum of issues that may arise during the term of a loan such as:

  • Modifications and restructuring
  • Assumptions and consents to transfers of interests
  • Collateral substitutions and partial releases
  • Participation and intercreditor agreement issues
  • Defeasance of securitized loans
  • Cash management issues.

Members of our group also have significant experience in workouts and restructuring of mortgage loans and work closely with the firm’s loan enforcement group to maximize our clients’ recoveries on troubled loans.

As our clients have told us in client interviews, our lawyers have a deep understanding of our clients’ business, which allows us to provide them with a straightforward, and practical approach focused on achieving their goals of closing transactions in a timely and cost-efficient manner while protecting their interests.

  • Representation of lender in $258,000,000 loan secured by portfolio of office, retail, and self-storage properties located in eight states
  • Represented a national bank on a $80,500,000 loan secured by 278,133 sq. ft. medical office building located in Bronx, New York
  • Represented a private commercial real estate finance company on a $6.15 million mezzanine financing construction facility secured by the membership interests in a limited liability company owning a to be built 327 unit Class A apartment complex located in Houston, Texas; $9 million mezzanine financing construction facility secured by the membership interests in a limited liability company owning a to be built a 318 unit apartment complex located in Fort Worth, Texas; and a $8.25 million mezzanine financing construction facility secured by the membership interests in a limited liability company owning a to be built a 120 unit apartment complex located in Denver, Colorado
  • Represented the servicer in loan and intercreditor agreement modifications of $295 million in mortgage and mezzanine loans secured by a portfolio of 7 hospitality properties
  • Closed a series of loans by a CMBS lender to a national hospitality REIT involving $110 million principal amount secured by 11 properties in seven states
  • Represented the servicer in a combined $209 million defeasance involving multiple loans held in several different securitized loan pools
  • Closed a $26.5 million loan for a bridge lender secured by a North Carolina office park
  • Represented the preferred equity provider and mezzanine lender in connection with multiple construction loans
  • Represented a group of lenders in connection with multiple modifications of a $1 billion plus loan structure involving eight separate loans secured by close to 200 individual properties
  • Represented a CMBS lender in closing a $60 million loan on a retail center in Virginia
  • Represented mortgage and mezzanine lenders closing combined loan amounts of $38 million secured by a New York City hotel
  • Preferred equity provider’s counsel in connection with the origination of a $15 million senior preferred equity investment in a limited liability company acquiring 14 residential apartment buildings containing over 3,500 units located in Arizona, Texas, Oklahoma, Nevada, Maryland, Florida and Virginia subject to a $140 million restructured senior credit facility
  • Closed $44 million loan secured by regional mall in South Carolina
  • Represented the servicer in the assumption of a portfolio of 5 loans secured by student housing projects in three states, with modification of all loan documents to accommodate joint venture structure involving US and Canadian REITS
  • Although the primary focus is lender representation, we also represent borrowers in loan transactions, including the recent representation of a borrower in obtaining loan secured by multiple properties located in Chicago
  • Closed a $20 million loan for a balance sheet lender secured by seven industrial properties located in Michigan and Illinois
  • Represented the servicer in multiple modifications of $150 million loan secured by an office building in Mexico City
  • Closed a $75 million transaction secured by various hotel franchises, including multiple properties across multiple states
  • Closed 16-property multi-state transaction secured by multiple office parks
  • Closed an eight-property multi-state transaction secured by the multiple apartment complexes
  • Closed a preferred equity transaction in connection with a construction project in California
  • Closed a multi-advance loan for purposes of land acquisition transaction to be developed for residential subdivisions
  • Assisted client with implementation of a mezzanine program in order to provide mezzanine loans to borrowers in addition to the senior mortgages being provided by the client