While “foreclosure” is generally bad news for businesses, for those who work in commercial real estate foreclosures it’s good — and the news has been especially good of late. “Foreclosures are ...

Relations between Fortress Investment Group and Cohen Brothers Realty have soured to the point of default claims and counter-lawsuits. In the middle of the fracas is a reported legal maneuver to use ...

After losing two of his marquee hotels to lenders and facing an auction of a Miami Beach hotel, Thomas now could also forfeit a Coral Gables office building due to financial woes. Lender Cerberus ...

In a recent case[1], U.S. District Judge Edgardo Ramos ruled that a foreclosure sale governed by Article 9 of the New York Uniform Commercial Code (UCC)[2] was “commercially reasonable” when viewed as ...

During the last decade of lower interest rates and higher property values, commercial real estate borrowers had easy access to capital with high loan-to-value ratios. However, recent years saw ...

Mezzanine Loans and UCC Foreclosures: Recent NY Case Law on the Commercially Reasonable Standard This article explores a recent case from the Southern District of New York that discusses certain ...