Mortgages on commercial property are often a major — sometimes even the largest — component of a growing or established business's expenses. Especially in a real estate market where volatility has been intense and sustained, an expense audit or business review may lead to important questions about refinancing options to free up capital.
In other situations, business owners and stakeholders run into temporary financial challenges that lead to default on a commercial mortgage and, ultimately, a foreclosure lawsuit. In a wide range of situations, we have helped our clients refinance a mortgage or develop a clear plan for dealing with adversity to move forward.
At Brownlee Whitlow & Praet, PLLC, our cohesive, interdisciplinary team of deeply experienced lawyers helps business clients evaluate all options for better managing their real estate holdings. In addition to handling a wide range of commercial real estate transactions involving the acquisition and disposition of property, we are adept at: