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Land Developers Loans Construction Loans

Dechert LLP

Land Banking: A Sound Approach to Residential Real Estate Pre-Development Financing

Dechert LLP on

Traditional bank loans for land acquisition are less accessible, prompting developers to use land banking. This involves a land banker buying property and later transferring it to the developer, providing liquidity and...more

Patton Sullivan Brodehl LLP

Trustee Has No Duty to “Verify” Validity of Loan Assignment Before Foreclosure

A trustee in charge of administering a trust has many duties. A trustee appointed pursuant to a deed of trust, however, is different.  The duties of a deed of trust trustee are exceptionally narrow. A recent opinion...more

Troutman Pepper

Post-Petition Interest: Not Very Predictable

Troutman Pepper on

A senior mortgagee battled the debtor and a junior mortgagee over its entitlement to post-petition interest: If and when did it become oversecured and thus entitled to interest? Was it entitled to interest at the default...more

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