Practice Areas


LLF’s Real Estate practice has extensive experience in representing lending institutions in dealing with all phases of distressed commercial real estate loans – from portfolio analysis to REO disposition. The firm has represented banks and other institutional lenders, and worked on all property types. LLF has represented numerous institutional creditors in negotiated restructurings, bankruptcies, foreclosures and receiverships of distressed investments and REO disposition. The firm’s litigation and bankruptcy attorneys, in conjunction with the Real Estate Group, have also represented numerous institutional mortgagees in enforcing their lien rights in out-of-court restructurings, foreclosures and in Chapter 11 cases.

LLF attorneys are well-versed in the specific laws and legal techniques associated with distressed real estate loans, including mortgage foreclosures, consent foreclosures, deed in lieu of foreclosure, single asset bankruptcy, including, UCC sales, debt sales, receiverships, mortgagees-in-possession, non-recourse carve-out analysis and collection, and ground lease terminations.

LLF has earned a reputation for being client-focused, cost-effective and highly-experienced in all major types of real estate transactions and property types. In particular, we handle all of the following types of matters:

Acquisitions and Dispositions

  • Sales and purchases of commercial, industrial and residential properties
  • Distressed situations, including purchases in a bankruptcy context
  • Note purchases

Commercial Leasing

  • Office, retail, industrial and ground leases
  • Landlord and tenant representation

Real Estate Development

  • Transactions including vertically divided and mixed use projects

Debt Financing Equity Financing and Investing and Syndications

  • Lender and borrower representation
  • Construction financing, conduit loans, mezzanine and hybrid debt
  • Fannie Mae and Freddie Mac loans
  • Workouts, restructuring, foreclosures and bankruptcy
  • Joint ventures – representing sponsors and money partners

Real Estate Tax Structuring

  • Development structuring
  • Complex real estate entity tax advice and structuring
  • 1031 exchanges and reverse exchanges
  • TIC (tenancy in common) structures

Other Real Estate Experience

  • Construction contracts – representing owners, contractors and subcontractors
  • Hospitality transactions (hotels)
  • Manufactured housing communities
  • Condominium development, and formation of condo associations and HOAs
  • Environmental law issues

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