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Avoiding Marshalling

Cross-Collateralized Lenders May Face Litigation from Junior Lienholders Private lenders with cross-collateralized assets typically have extra security but face a unique challenge: junior lienholders who have no other source of assets from the same creditor can sue to force the lender into focusing on a different collateral or even get...

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A forbearance best practices checklist spread on a lender's desk documentation requirements

When economic disruption strikes, private lenders face a challenge that sits squarely at the intersection of business judgment and legal obligation. Requests for loan forbearance ...

A printed text message exchange beside a real estate contract the offer and acceptance elements

The Growing Legal Risk of Informal Digital Communications Private lenders and real estate professionals communicate constantly through text messages, emails, and instant messaging platforms. While ...

An SEC proposed rule spread beside a current accredited investor certification proposed new

The definition of “accredited investor” sits at the foundation of the private capital markets. It determines who can participate in exempt offerings under Regulation D, ...

A distressed California bungalow framed through chain-link fencing

California’s SB 1079, codified primarily under Civil Code Section 2924m, fundamentally altered the non-judicial foreclosure landscape when it took effect in 2021. Originally designed to ...

A Rule 506(c) compliance file spread on a capital raise desk general solicitation authorization

Private fund managers and capital raisers who rely on Regulation D have long viewed Rule 506(c) as a double-edged sword. While the exemption permits general ...

A towering glass office tower reflected in the polished marble floor of its own lobby

Introduction Subordination, Non-Disturbance, and Attornment Agreements (SNDAs) are critical tri-party documents in commercial real estate lending that define the relationship between lenders, landlords/borrowers, and tenants ...

Painterly illustration of a fund manager's war room during market disruption

Navigating Economic Volatility: A Framework for Fund Managers Economic crises arrive without warning. Whether triggered by pandemic, financial market collapse, geopolitical disruption, or natural disaster, ...

Florida's business-purpose exception statute beside a private lending compliance update —

Private lenders operating in Florida have long relied on a foundational distinction in mortgage licensing law: the business purpose exception. That exception has historically shielded ...

A California usury analysis spread on a lender's desk applicable exemptions circled

Private lenders operating in California face a two-layered regulatory challenge that many fail to appreciate until they are already in litigation. The first layer is ...

A California one-action rule analysis spread on a litigation strategy desk the waiver of

Few provisions in California lending law generate as much confusion and anxiety among creditors as the One-Action Rule. Private lenders, fund managers, and mortgage professionals ...

New York's commercial finance disclosure form spread on a compliance desk required disclosure

New York joined a growing number of states imposing consumer-style transparency requirements on commercial lending when it enacted Senate Bill S05470, a comprehensive commercial finance ...

An apartment REIT investment analysis spread on a portfolio desk rent control coverage by

Understanding Rent Control and Its Reach Across the U.S. The American rental market has experienced sustained expansion in recent years, driven by favorable employment conditions ...