Represented Developer in Workout in Connection with $65M Multi-State Mortgage Loan

Represented a well-known developer in a workout with a special servicer in connection with a $65M mortgage loan secured by several hotels in Kansas, Indiana and Michigan. Negotiated forbearance agreements and handled foreclosure, which closed out the matter and any “bad boy” liability due to the activities of other venturers. Client was able to retain five years of management fees.