(312) 399-7390

The Fan Is Being Hit

The title says it all: Overdue Office Loans Are New Pain Point for Banks in FDIC Report (yahoo.com)

This makes it even more important to review your loan documents to determine whether there is recourse. This previous blog post is a good place to start: When Good Non-Recourse Loans Go Bad – Seidman Law (seidmanlawgroup.com)

David Seidman is the principal and founder of Seidman Law Group, LLC.  He serves as outside general counsel for companies, which requires him to consider a diverse range of corporate, dispute resolution and avoidance, contract drafting and negotiation, and other issues. He can be reached at david@seidmanlawgroup.com or 312-399-7390.

This blog post is not legal advice.  Please consult an experienced attorney to assist with your legal issues.

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Commercial Real Estate

Our law firm protects the investments of both individuals and businesses. We understand that each real estate transaction is unique and there is no one-size-fits-all solution. Every real estate transaction, regardless of market conditions, involves a significant amount of money and various third parties who are primarily focused on protecting their own interests. 

Therefore, we take a comprehensive approach that combines significant experience from a wide range of sectors to represent clients before, during, and after they sit down at the closing table. Practical solutions are employed to meet our clients’ business goals and manage risk. By providing a coordinated approach to real estate transactions, our clients are able to succeed in today’s complex and volatile real estate market.