Due in large part to his business education and prior employment in the finance industry, Andrew understand the lender’s interests and goals in a commercial real estate secured loan transactions (CREL). He is adept at incorporating those ideas into the necessary and desirable legal agreements and instruments for execution. Andrew finds satisfaction in representing several local community and regional banks. He regularly represents lenders’ interests in CREL transactions, both traditional and structured, utilizing derivative instruments. These loans are often made for the purpose(s) of acquisition, development, construction, or investment. They may be fixed, variable, term, revolving, construction to permanent, or line of credit facility. They may be secured by a single or multi-tenant building, office park, condominium, tenant-occupied retail, industrial, multi-family housing, golf course, IORR, cellular communication tower, or a combination of properties and interests.
Whether due to changing circumstances for a borrower or a decline in the economy as a whole, every successful lending institution will be faced with one or more delinquent loans at some point. Complex legal issues arise involving workout and recovery. Mr. Mertz’s breadth of experience serving a variety of lenders in these circumstances provides a unique perspective and uncommon wisdom beneficial to the client. The firm is frequently called on to represent lenders in workouts, collection, foreclosure, confirmation, bankruptcy, and settlement.
A representative list of transactions recently facilitated by the firm includes: