PRACTICE AREAS

Distressed Real Estate

Distressed Real Estate

Due to MSW’s broad, multi-disciplinary experience in commercial real estate, we are able to efficiently and effectively negotiate and litigate the often complex issues that can arise with distressed real estate assets.

MSW’s transactional and litigation attorneys focus on the representation of institutional real estate lenders, private equity firms, and other investors who own or seek to acquire distressed real estate loans, mortgage-backed securities and real estate, as well as borrowers seeking to restructure or otherwise resolve their troubled debt. In addition, the firm’s attorneys represent lenders and borrowers in commercial foreclosure litigation in New Jersey, New York, and Connecticut.

Representative Matters

$131,500,000

MEZZ LOAN PURCHASE

Purchaser of eight (8) notes in connection with $131,500,000 Mezzanine B loan.

$105,000,000

LOAN MODIFICATION – SAN FRANCISCO

Private equity firm in connection with the modification of $105,000,000 loan secured by an office building in San Francisco, CA.

$87,892,275

LOAN MODIFICATION AND EXTENION – SAN FRANCISCO

Private equity firm in connection with loan modification and extension of $87,892,275 loan secured by office complex in San Francisco, CA.

$81,000,000

LOAN MODIFICATION – CHICAGO

Private equity firm in connection with the modification of $81,000,000 loan secured by an office building in Chicago, IL.

$61,400,000

LOAN PURCHASE – OKLAHOMA

Purchaser of $61,400,000 loan secured by seven (7) multifamily developments located in Tulsa, Oklahoma.

$36,130,687

LOAN MODIFICATION – SEATTLE

Borrower in connection with modification of $36,130,687 loan secured by office building in Seattle, WA.

$35,000,000

LOAN MODIFICATION – BOSTON

Borrower in connection with modification of $35,000,000 loan secured by office building in Boston, MA.

$19,200,000

MEZZ LOAN SALE

Seller in connection with $19,200,000 sale of Mezzanine Loan concerning multifamily complex in Chatham, NJ.

MAJOR FORECLOSURE ACTION AND SETTLEMENT

Private equity firm in connection with foreclosure action and settlement of four (4) building multi-family apartment complex in East Orange, New Jersey.

FORCLOSURE ACTION – NEW JERSEY

Private equity firm in connection with obtaining summary judgment and commercial foreclosure of an industrial complex in Gloucester City.

SHOPPING CENTER FORECLOSURE

Borrower in connection with settlement of foreclosure action of shopping center development.

SHOPPING CENTER FORECLOSURE

Lender in connection with summary judgment and collection of deficiency action subsequent to foreclosure of shopping center in Somerset County, New Jersey.

FORECLOSURE ACTION – NEW YORK

Lender in connection with foreclosure of 200 unit multi-family complex in Queens County, New York.