Ballard Spahr has formed a Commercial Real Estate Recovery Group that will combine the firm’s distressed real estate capabilities with a strategic focus on emerging lending and investment opportunities in the rapidly changing commercial real estate and finance markets.
The new group represents an expansion of the company’s Distressed Real Estate Initiative, which was launched in 2008 to help clients throughout the country plan, adapt and prosper in a challenging economic environment.
Since then, the firm’s attorneys have handled hundreds of distressed real estate loan workouts, restructurings and enforcement actions across the nation, including matters in such hard-hit markets as Nevada and Arizona.
The Commercial Real Estate Recovery Group merges Ballard’s distressed real estate capabilities with the firm’s established skills in real estate finance, capital markets, complex investment and joint ventures, real estate development and taxation. Members of the group will advise clients in a full range of financing and investment matters, including senior and mezzanine loan transactions, CMBS lending programs, single asset and portfolio investment opportunities, rescue capital transactions, and legacy asset and distressed loan transactions.
Members of the Commercial Real Estate Recovery Group will be resident in Ballard Spahr offices throughout the country. BD+C
Related Stories
| Apr 16, 2012
Drake joins EYP as science and technology project executive
Drake’s more than 30 years of diversified design and project delivery experience spans a broad range of complex building types.
| Apr 16, 2012
$80 million in export financing for solar project in India
The project, “Rajasthan Sun Technique Energy Private Limited,” is a subsidiary of Reliance Power and is being co-financed by the Asian Development Bank and FMO, the Dutch development bank.
| Apr 13, 2012
Arcadis merges with Davis Langon & Seah
Merger will help company expand business in Asia.
| Apr 13, 2012
Goettsch Partners designs new music building for Northwestern
The showcase facility is the recital hall, an intimate, two-level space with undulating walls of wood that provide optimal acoustics and lead to the stage, as well as a 50-foot-high wall of cable-supported, double-skin glass
| Apr 13, 2012
Best Commercial Modular Buildings Recognized
Judges scored building entries on a number of criteria including architectural excellence, technical innovation, cost effectiveness, energy efficiency, and calendar days to complete, while marketing pieces were judged on strategy, implementation, and quantifiable results. Read More
| Apr 12, 2012
Solar PV carport, electrical charging stations unveiled in California
Project contractor Oltman Construction noted that the carport provides shaded area for 940 car stalls and generates 2 MW DC of electric power.
| Apr 11, 2012
Shawmut appoints Tripp as business development director
Tripp joined Shawmut in 1998 and previously held the positions of assistant superintendent, superintendent, and national construction manager.
| Apr 11, 2012
Corgan & SOM awarded contract to design SSA National Support Center
The new SSA campus is expected to meet all Federal energy and water conservation goals while achieving LEED Gold Certification from the United States Green Building Council.
| Apr 11, 2012
C.W. Driver completes Rec Center on CSUN campus
The state-of-the-art fitness center supports university’s goal to encourage student recruitment and retention.