Dinsmore's Commercial Finance Practice Group counsels clients in all types of financing transactions, including those secured by business assets and/or real estate, secured transactions under the Uniform Commercial Code and title insurance. We also assist clients with loan restructuring and work-outs and the management and disposition of troubled assets. Our clients include:
- National life insurance companies
- Non-profit lending institutions
- National financial institutions
- Loan servicers
- Equity investors
We have extensive experience representing lenders and borrowers in a large range of commercial transactions. Our attorneys routinely counsel clients regarding:
- Construction and permanent loans
- Revolving credit transactions
- Conduit loans and participations
- Freddie Mac loans
- Leasehold mortgage financing and financing secured by accounts
- Investment property
- Intangible assets
- FHA-insured loans
- U.S. Department of Housing and Urban Development loans
- U.S. Department of Agriculture Rural Development loans
We advise clients throughout the loan process, including drafting and negotiating loan documents, due diligence review, obtaining and evaluating all third party reports and facilitating the closing.
Our familiarity with the issues affecting our clients and our ongoing involvement with complex commercial and financial transactions enable us to anticipate potential problems and formulate strategies that minimize risk for our clients when asset values decline and alternative approaches become necessary. We assist our clients with negotiating and documenting voluntary restructurings through forbearance agreements, modifications, amendments and assumptions. We are experienced in handling deeds in lieu of foreclosure, short sales, foreclosures (contested and negotiated), receiverships, related management/investor/tenant litigation and bankruptcy proceedings and enforcement of guaranties and assignments of rents.
We maintain an extensive library of state-specific requirements which enables us to provide efficient, cost-effective services regardless of the location of the collateral. We also are retained by major law firms across the country to act as local counsel on multi-state loan transactions to provide prompt and accurate review of documents for local law compliance and issuance of opinion letters. Through our wholly-owned corporation, Mercantile Title Agency, Inc., we are affiliated with national and regional title insurers and are able to offer a full range of real estate closing services, including title examinations and issuance of title commitments and policies.