Discount Retailer Signs 10-Year Lease LOS ANGELES (June 30, 2020) – Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3) – representing Decron Properties Inc. – has finalized a 10-year lease with Dollar Tree Stores, Inc., a Fortune 200 company with stores nationwide, at 1778 W. Olive Avenue in the Merced […]
Monthly Archives: June 2020
Commercial lenders are relying heavily on loan modifications to steady the cashflow for businesses during the COVID-19 economic fallout. Although other workout remedies remain available, lenders have been more willing to modify distressed loans as they recognize the unprecedented challenges faced by borrowers who may not qualify for government assistance. […]
In Part I of this Loan Modification Insight Alert, the CGS3 Distressed Assets Practice Team described various loan workout strategies and how the type of loan may dictate and affect such strategies. This Client Alert provides an overview of best practices when requesting a loan modification. Over the coming months, […]
As COVID-19 ravages the economy, commercial real estate lenders and borrowers find themselves triaging real estate debt. CGS3 continues to work with our clients in negotiating numerous commercial real estate loan modifications, which gives us invaluable insight into the types of relief various lenders are willing to offer borrowers in […]
The growing list of big businesses filing for bankruptcy amid the coronavirus pandemic is likely an early indicator that there will be a surge of distressed real estate workouts, including receivership sales. Some experts are cautiously saying that things will not be back to normal by the autumn and that […]