Luce Forward finance attorneys represent lenders and borrowers in a broad range of finance transactions. Our attorneys have extensive expertise in acquisition, construction, bridge, permanent and mezzanine loan transactions, cross-collateral transactions, multi-parcel transactions, revolving lines of credit, and interest rate swaps and caps. Some of the firm’s finance clients are traditional and non-traditional lenders, such as U.S. and International based banks, mortgage bankers, finance corporations, and trusts; and borrowers, such as developers, construction companies and sole proprietorships.
Our firm has been involved in a wide range of finance related projects such as the financing of residential, commercial, industrial, and retail projects, office and industrial buildings and parks, hotels, apartment complexes, planned unit developments, condominiums, and mixed-use projects. Our finance attorneys routinely provide advice regarding initial loan consultation, structuring, drafting, administration, restructuring, modifications, workouts and foreclosures. We draft and and negotiate custom loan documents particular to the needs of the transaction and client, including complex development construction loan agreements, special intercreditor agreements, mortgage and trust deeds, promissory notes, participation agreements and subordination agreements. On behalf of our lender clients, we negotiate custom loan documents particular to the needs of the transaction and client, including complex development construction loan agreements, special intercreditor agreements, mortgage and trust deeds, promissory notes, participation agreements and subordination agreements.
Ancillary and fundamental to this practice, our finance attorneys routinely assist lenders and borrowers with the review and negotiation of acquisition contracts, construction contracts, architectural agreements, and leases; review of title related matters, and performing borrower-related, land use and environmental due diligence.
Representative Client Solutions.
Represented borrower on the formation of joint venture and negotiation and closing of construction financing for a mixed-use residential high-rise condominium building with ground floor commercial in San Francisco.
Represented lender in a mixed-use affordable housing rental project in Berkeley, involving multiple private lenders, government bond and grant financing, and layers of statutory and regulatory restrictions.
Represented borrower in the acquisition, construction, and entitlement of a multi-parcel commercial/industrial complex in South San Francisco.
Represented borrower in a conduit acquisition, construction and permanent financing for renovation of a single-user industrial facility in Fresno.
Represented borrower on the refinancing of a retail shopping center involving pre-sale bridge loans in Chico and Oroville, California.
Represented borrower on the acquisition and construction of a residential apartment complex in Monterey, California, converted into condominium units involving acquisition, construction and mezzanine financing from multiple lenders in Monterey, California.
Represented construction lender on acquisition, construction and mini-perm financing secured by land subject to environmental clean-up, oversight by redevelopment agencies and three municipalities and ground leases with CalTrans and Southern California Edison.
Represented lender on acquisition, construction and mini-permanent financing on rehabilitation and conversion of a historic building and development and construction of a retail and condominium project in Los Angeles.
Represented developer in a construction loan transaction for the development of a high-rise condominium project in Irvine, California.
Represented developer in a construction loan transaction for an office building in Irvine, California.
Represented national lender in a syndicated construction loan of approximately $90,000,000 involving a redevelopment project in the greater the Los Angeles area. The loan structure included a complex deferred equity agreement from a major insurance provider, an affordable housing component, and a subordinate redevelopment loan.
Represented national lender in a syndicated construction loan of approximately $50,000,000 for a build-to-suit office and industrial development in San Diego.
Represented a variety of national, regional and local lenders with respect to creditors' rights issues, generally, in connection with the enforcement of loan documents, including workouts, forbearance agreements, judicial foreclosures, non-judicial foreclosures, deeds in lieu, lender liability and other matters related to the foregoing.
Represented two participating lenders in the workout of a construction loan for a underperforming condominium project involving advising clients regarding enforcement rights, and drafting and negotiating a pre-workout and forbearance agreements.