S&C Critical Insights – An Overview of Deed-In-Lieu Transactions in Commercial Real Estate
July 1, 2020
In this episode of S&C’s Critical Insights podcast series, Benjamin Weber, partner in the Firm’s Commercial Real Estate Group, is joined by associate Jason Wasser to provide an overview of a transaction in which the mortgage borrower cedes its interest in commercial real estate to the lender in a negotiated arrangement in lieu of foreclosure. The COVID-19 pandemic’s impact on commercial tenants is causing many owners and landlords to re-evaluate the equity in their commercial real estate. Benjamin and Jason highlight matters an owner should consider in preparation for such an arrangement.