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COVID-19 forbearance request provisions in new issuance securitizations

The coronavirus disease (COVID-19) has created disruption in cash flows across a wide range of commercial real estate assets that has resulted in property owners requesting forbearance or other modification relief with...more

Impact of hotel operators on distressed asset workouts

This legal alert focuses on the impact that hotel operators may have on workouts of loans secured by hotel properties and summarizes the likely considerations that inform the decisions of hotel lenders and operators in loan...more

Changes to the Recordation Tax in Maryland for Refinancing Commercial Mortgage Loans: Recordation Tax Imposed Only on New Money

Maryland Governor Martin O’Malley signed into law an act providing relief to commercial borrowers that wish to refinance or modify loans originally secured by indemnity deeds of trust. This new law, effective July 1, 2013,...more

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