Servicing
Overview
In challenging real estate and finance markets and with the high levels of outstanding real estate debt, the role of servicers and special servicers of commercial mortgage loans has never been so important. Through our extensive experience acting for servicers and special servicers, and with the firm’s recognised broad experience in real estate, real estate finance, securitisation, restructuring and insolvency, we are uniquely placed to advise on all the issues you may face. We also provide support as loans exhibit deteriorating trends or covenant breaches and require closer management, both prior, during and after a transfer to special servicing.
We advise on the legal issues to be considered when determining a strategy for specially serviced loans, whether this be a workout or enforcement as well as assisting you with the implementation of those strategies, bearing in mind your obligations to other parties such as junior lenders or investors.
We strive to maintain a broad-based industry knowledge and focus in continuing our commitment to maintaining our position as the preeminent legal counsel to commercial real estate servicers and special servicers.