Tel: (763) 424-8811
Minnesota Real Estate Attorneys: Real Estate Secured Financing
Jensen Sondrall Persellin & Woods, P.A. represents lenders and borrowers in virtually every type of commercial real estate lending transaction. We have vast experience in large and small, secured a and unsecured commercial credit facilities. These include traditional commercial loans, asset based lending agreements, construction and development loans, leveraged and synthetic leases, securitization conduits and more exotic forms of structured finance.
We possess extensive expertise regarding the loan market and the type of structure and documentation expected in that market. We lend assistance in all phases of a real estate loan transaction, establishing a structure, assisting in the preparation of an information memorandum and term sheet, performing due diligence, and negotiating, documenting and closing the transaction. We represent many borrowers in transactions as well, and our lawyers have gained considerable insight from serving as counsel to both lenders and borrowers.
We have assisted lenders, large and small, in taking virtually every kind of personal and real property as collateral including accounts, inventory and equipment, real estate, producing and non-producing energy properties and credit enhancement vehicles. Our experience includes all types of loan-related documentation including guaranty agreements, interest rate option and swap agreements, subordination agreements, assignments, purchase and sale agreements, letters of credit and many others.
Our orientation is to finalize a loan transaction in the simplest of structures consistent with our clients' needs, as expeditiously and cost-effectively as possible.
Workout and Foreclosure Representation
Sometimes developers, builders, and homeowners are not able to make their loan payments due harsh economic times or because of the nature of their business. Many lenders would rather work with borrower's attorneys in negotiating creative solutions to the borrower's credit crunch. Jensen Sondrall Persellin & Woods, P.A. will help the borrower in negotiating with lenders to improve their loan status and their position in tough times.