Finance Articles

Peter J. Korda and Andrew M. Pearlstein Named Co-Chairs of Seyfarth Shaw's Structured and Real Estate Finance Practice Group

CHICAGO (Business Wire EON) March 10, 2008 -- Seyfarth Shaw's SREF attorneys represent lenders across a broad spectrum of real estate finance transactions. They structure and negotiate loans and other credit facilities, handle loan administration and servicing issues, and through the firm's Distressed Asset Resolution Team (DART), represent the interests of clients in loan defaults, workouts, foreclosures, and borrower bankruptcies. SREF attorneys are located in the firm's offices across the country. Operating as a national, integrated team, SREF attorneys draw upon the team members' broad real estate finance backgrounds and practical regional knowledge to provide cutting-edge legal services.

"Seyfarth Shaw has been increasing its Real Estate Practice Group over the past several months to meet the demand from our clients in commercial real estate markets across the country," said Mark A. Block, Chair of the Real Estate Practice Group. "Andrew and Peter are highly skilled attorneys with exceptional experience in structured loans who can lead our SREF team to focus on the finance piece of our practice in order to maximize our clients' opportunities in the commercial real estate market, while at the same time mitigating the risks of our clients' exposure during periods of uncertainty."

Korda is a partner in Seyfarth Shaw's New York office. His practice concentrates on representing members of the lending community on real estate finance matters, workouts and restructured transactions. In recent years, Korda's work has emphasized the structuring and closing of mortgage loan transactions for securitization in the capital markets, as well as conventional acquisition, permanent, interim/bridge, construction and mezzanine loan transactions. Korda has extensive experience in real estate projects across the United States, including handling multi-tier, multi-state, cross-defaulted and cross-collateralized transactions. He has closed numerous fee and leasehold financings and refinancings of major residential developments, shopping centers, office buildings, hotels and specialty projects. Korda has also worked extensively in structuring and closing syndicated transactions, equity participation loans and complex construction "take-out" transactions, as well as the financing and development of condominium and cooperative properties.

"I'm privileged and honored to help lead our firm's talented professionals who collectively and as individuals have a vast knowledge of the structured and real estate finance products available to our clients," said Korda.

Pearlstein is a partner in Seyfarth Shaw's Boston office, concentrating his practice in the representation of banks, financial institutions, businesses, real estate owners and developers involved in complex commercial real estate and financial transactions involving multi-family, hotel, shopping center, retail, office and industrial properties. His areas of emphasis include: representing conduit lenders in commercial real estate financings on a nationwide basis in connection with securitized loan programs; representing financial institutions (including investment banks, hedge funds, banks and insurance companies) in construction, bridge, and permanent financings, mezzanine and A/B tiered structures, leasehold financings, capital markets loans, preferred equity structures, participations and syndicated facilities, acquisition and disposition of loans (collateralized or unsecured), and other structured finance transactions; representing financial institutions, special servicers and other entities in the restructuring, work out and foreclosure of real estate loans; representing individuals, corporations and other entities in all aspects of the development or rehabilitation of real estate and condominium projects (including zoning, permitting, environmental and title matters); representing landlords and tenants in commercial lease transactions involving all types of real estate; providing counsel to condominium associations in all aspects of condominium law; and representing sellers and buyers in connection with the acquisition and disposition of all types of commercial real estate, including 1031 exchanges.

"Our clients know that they can turn to Seyfarth Shaw's national team of top structured and real estate finance attorneys to advance their business goals in an effective and practical manner," said Pearlstein.

SREF attorneys' knowledge of the lending and capital markets, industry trends, and lending principles enhances the team's ability to assist clients with their real estate finance issues. When structuring transactions and drafting loan documentation, the team's collective background positions SREF attorneys to meet the needs of the group's clients, mitigate their potential risks, and augment their customer relationships.

Seyfarth Shaw is a full-service law firm with over 750 attorneys located in nine offices throughout the United States including Chicago, New York, Boston, Washington D.C., Atlanta, Houston, Los Angeles, San Francisco and Sacramento, as well as Brussels, Belgium. The firm provides a broad range of legal services in the areas of labor and employment, employee benefits, litigation and business services. Seyfarth Shaw's practice reflects virtually every industry and segment of the country's business and social fabric. Clients include over 200 of the Fortune 500 companies, financial institutions, newspapers and other media, hotels, health care organizations, airlines and railroads. The firm also represents a number of federal, state, and local governmental and educational entities. For more information, please visit www.seyfarth.com.

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Primary Capital Mortgage Offers Alternative to Subprime Mortgage Loans
Enhances Solutions Program gives more people a chance to qualify for a home loan.

Adverse Credit Mortgage For Discharged Bankrupt
People who are discharged bankrupts are usually required to apply for an adverse credit mortgage when searching for a home loan to fund the purchase of their property It is highly unlikely that an applicant with such a poor credit record will ever be able to apply for a standard product again

Marvin Stanford, of Charter Funding, a Personal Mortgage Planner and Home-buying Expert, Today Offered His Tips for Home Ownership for Renters: Renter
Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great.

Local Mortgage Company Beats Odds, Grows Despite Meltdown
With most firms cutting back and closing doors, local firm continues to ramp up.

What Are Mortgage Brokers And Why To Use One
"Mortgage" is formed from two words: the French word "mort" meaning "dead" and the word "gage" from Old English meaning "pledge". Sir Edward Coke (who lived from 1552 to 1634) explained the term: the land as considered "dead" to the mortgagor, as if the person never had it.

Inexpensively Protect Your Automotive Investment with a Car Cover
You've just purchased your dream car. After many months (or even years) of saving, you are now driving home from the car dealership and you suddenly realize, "How am I going to protect my new investment".

A Stock Market Investment Strategy
I feel that an investment strategy in the stock market can instill in the individual investor not only an assured confidence in all future stock market investments, but also an almost Zen-like sense of peace and well being. A stock market investment strategy spelled out, proven, and instilling within the investor the power to succeed in the stock market with an assured confidence.

Annuity Investment Guide
While there is not a lack of information on annuities, there certainly is a lack of good information. In an age full of information, we are constantly bombarded with irrelevant data.

Know more about cars on finance
A car has different meaning for different people. While the younger generation enjoy thrilling, high speed drives in trendy cars, matured people hope reaching their destinations quite safely and easily. But the concept of a car has changed so much. Today for many a car is much more than a vehicle that leads to their destination. To possess a car is considered a status symbol and is an indication of the prestige of any business.

Adjustable Rate Mortgage 2007: GuideToLenders.com Resources on ARM Affordability
With $600 to $700 billion in current adjustable rate mortgages (ARM) forecast to be refinanced into new loans, GuideToLenders.com's new article on ARM resets for 2007 provides timely information to homeowners concerned about their mortgage payments going up this year. Homeowners interested in refinancing their adjustable rate mortgage for a fixed-rate loan in 2007 can turn to GuideToLenders.com for valuable resources that can help them reduce their payments in the coming months.

Best Subprime Mortgage Rate
Over the last decade we have seen a substantial increase in Subprime mortgage lending and this type of lending now makes up a significant portion of the overall mortgage market. Subprime mortgage loans are mortgages that have been developed by specialist lenders to address the ever growing numbers of people who for whatever reason have been denied prime or standard residential mortgages by traditional high street lenders. The subprime mortgage rate varies from lender to lender so it is essential to understand the reason why rates may differ and how to ensure that you find the best subprime mortgage with the lowest rate possible with criteria that suits your individual situation.

GetSmart.com Provides Top 5 Tips to Make Sure You Choose the Right Mortgage
Getting ready to purchase a new home? Consider some of the following mortgage tips brought to you by GetSmart.com.

Dr. Edward F. Dragan, Author of the Soon to be Released Book, 'Keeping Kids Safe in School: What Every Parent and Teacher Should Know,' Comments on
School safety could be greatly increased through the practice of proactive risk management. Teachers and administrators must scrutinize their procedures, equipment use and personal practices for ways to ensure the safety of everyone concerned.

The Best Investment You Can Make Right Now: Long Term Care Insurance
Don't think you need it? Consider this: a full 50% of Americans over the age of 50 will need long term care at some point in their lives. The average cost of nursing facility care (or home health care assistance) is $61,000 per year, and the average stay in a long term care facility is 2½ years.