Loan Workouts: First Steps for Commercial Property Owners
Large numbers of commercial property owners are facing prospects of imminent default under their loans as a result of the current public health and economic crises. Sudden and precipitous drops in revenues, coupled with uncertainty as to the disruption’s duration, are forcing owners to make difficult decisions about how to deploy their limited capital to protect projects and avoid loan defaults. While hospitality and retail assets currently are experiencing the most acute stress, no asset type is fully immune. In response to these stresses, many borrowers who previously never faced a loan default are considering loan modification requests, or seeking workouts in response to loan default notices. For these borrowers, negotiating loan relief presents a new experience with unknowns and pitfalls. This article explains some early steps in the process that borrowers should understand and for which they should be prepared before reaching out to lenders with relief requests.
Click here to read the entire article.
Recent Insights
Read MoreWorkplace Safety Obligations at the Edge of the First Amendment
Client Alert | January 23, 2026Diverging Paths on Health Care Affordability: Inside the White House and Congressional GOP Plans
Client Alert | January 23, 2026Appropriate Timing: Appropriations Legislation Enters the Home Stretch
Client Alert | January 23, 2026Trump Issues Executive Order on Institutional Investor Purchases of Single-Family Homes
Client Alert | January 22, 2026What to Know about Maryland’s 2026 Legislative Session
Client Alert | January 21, 2026CEQA News You Can Use – Volume 10, Issue 4 – January 2026
You have chosen to send an email to Brownstein Hyatt Farber Schreck or one of its lawyers. The sending and receipt of this email and the information in it does not in itself create and attorney-client relationship between us.
If you are not already a client, you should not provide us with information that you wish to have treated as privileged or confidential without first speaking to one of our lawyers.
If you provide information before we confirm that you are a client and that we are willing and able to represent you, we may not be required to treat that information as privileged, confidential, or protected information, and we may be able to represent a party adverse to you and even to use the information you submit to us against you.
I have read this and want to send an email.