Tel: (763) 424-8811

Real Estate Secured Financing

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.

  • Lenders

    • Mortgage Banking and Securitization
      • We represent mortgage banking institutions in all aspects of the mortgage banking business and thoroughly understand mortgage loans. Our lawyers know the business from the ground up, as we help many loan originators create, buy and sell loan servicing rights, buy and sell loan origination businesses, and originate a wide variety of first lien/single family and commercial/multifamily mortgage loan products. We advise clients on transactions involving individual mortgage loans (including whole loan sale, participation and pass-through transactions), as well as a wide range of mortgage loan securitization programs.
    • Lender Workouts and Foreclosure
      • We often represent lenders as secured creditors in loan workouts and restructurings, and foreclosures. When our lawyers are involved in transactions from the start, we can build maximum creditor protection into the loan documentation. If reorganization or liquidation of a debtor becomes necessary, we pursue the action best suited to recover our client's investment. We take a flexible approach to collateral recovery, advising banks on distressed asset sales or on becoming lenders to, or securing assets from, the debtor-in-possession. But if foreclosure litigation is necessary, we do everything possible to secure maximum collateral recovery.
    • Borrowers

      • Jensen Sondrall, Persellin, & Woods P.A. represents homeowners and developers in reviewing construction loan documents, corporate documents, and their liability in a loan transaction. We provide experienced advice and ways to improve their ability to reduce liability and also obtain a cost effective loan. We will review all aspects of the transaction and will even represent the borrower at closing.

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.

Copyright 2014

Home   |   About Us   |   Practice Areas   |   FAQs   |   Contact Us   |   Legal Terms

© Copyright 2014 Jensen Sondrall Persellin & Woods, P.A  |  Privacy Policy  |  8525 Edinbrook Crossing, Suite 201  |  Brooklyn Park, MN 55443

All rights reserved  |  Disclaimer  |  Phone: (763) 424-8811  |  Fax: (763) 493-5193