Sassoon & Cymrot attorneys are familiar with all types of commercial loan transactions. We represent lenders in asset-based loans, working capital financings, loans, and credit facilities involving letters of credit. Our lawyers have experience with a wide variety of collateral including real estate, personal property, equipment leasing, intellectual property, and loans that are syndicated, participated or sold. Sassoon & Cymrot lawyers are familiar with commercial mortgage-backed securitized (CMBS) mortgage loans secured by commercial properties including shopping malls, offices, hotels, warehouses and multi-family housing.
Our lawyers’ services to lenders include assistance in the structuring of transactions; review and preparation of term sheets, commitment letters and similar documents; consultation regarding loan administration and due diligence review of loan portfolios; preparation of required documentation including promissory notes, security agreements and mortgages; restructuring and forbearance agreements; enforcement of remedies, including analysis of rights; creditor foreclosure proceedings with respect to both real and personal property; and commencement of legal remedies. Sassoon & Cymrot lawyers also serve as borrower’s counsel in loan transactions.