Commercial Lending & Mortgage Finance

Whether the economy thrives or struggles, commercial lenders must navigate complex business and regulatory challenges when structuring transactions and mitigating risk associated with troubled loans.

No matter the complexities of the transaction, the Dickinson Wright team makes deals happen by finding creative solutions tailored to serve our clients’ best interests. And when defaults, bankruptcies, foreclosures, and reorganizations threaten lenders’ interests, our team works together to position our clients for maximum recovery.

Counseling Lenders for More Than a Century

Few law firms can rival our century-long involvement with the financial services industry, and fewer still can offer the insight and experience that the attorneys in our U.S. and Canadian offices possess. Throughout our long history, we have successfully advised our lending clients on nearly every type of commercial mortgage issue imaginable.

From conventional to unconventional financing arrangements, Dickinson Wright lawyers analyze, negotiate, document, close, and service commercial mortgage loans of all sizes. Cross-disciplinary real estate teams of corporate, banking, and tax attorneys – in collaboration with consultants, experts, and other professionals outside the firm – structure transactions for real estate projects secured by a variety of properties:

• Multifamily housing
• Manufactured housing communities
• Industrial sites
• Warehouse properties
• Office buildings
• Retail properties
• Mixed-use developments
• Hospitality, entertainment and gaming properties

Whether the transaction involves a commercial mortgage-backed securities loan, a mezzanine loan, a tenancy-in-common borrower, or an institutional borrower for a multiple-property, multi-state, cross-collateralized, cross-defaulted arrangement, we know how to make the deal work.

Clients Throughout the Industry

Commercial lenders ranging from small local banks to large regional and national institutional lenders consider Dickinson Wright their “go to” law firm. We also proudly represent life insurance companies, real estate investment trusts, developers, private investors, loan servicers, and Fannie Mae and Freddie Mac lenders that seek our advice not only on financing matters, but also for regulatory compliance, loan program design, and other business dealings.

Troubled Loans & Dispute Resolution

Our attorneys are equally ready and capable when financing transactions go awry. Close collaboration between the lawyers in our real estate, financial services, bankruptcy, restructuring and creditors’ rights, and litigation practices allow us to step in and assist our clients when they are forced into refinancings, foreclosures, loan workouts, and restructurings.

When disputes arise, we exercise prudence and discretion in pursuing the most cost-effective route to resolve them, including negotiation, arbitration, and mediation where possible. When traditional courtroom litigation becomes necessary, we are fierce advocates for our clients, achieving optimal results while remaining conscious of client objectives and budget concerns.

Recognized as Leaders by Clients and Peers

Publications like Best Lawyers in America, Chambers USA, Super Lawyers, and DBusiness have recognized the attorneys in Dickinson Wright’s lending practice as among the best in the U.S. for banking law and finance, debtor and creditor rights, and real estate law.

The industry and peer recognition we have received is also due in large part to our thought leadership and active participation in organizations such as the following:

• American College of Mortgage Attorneys
• American College of Real Estate Attorneys
• Commercial Real Estate Finance Council
• Michigan Land Title Standards Association
• Mortgage Bankers Association
• Mortgage Industry Standards Maintenance Organization

Blue-Chip Representation, Midwestern Value

Because innovation in the delivery of legal services is essential, we have developed – and continuously improve – our own sophisticated transaction management and document automation software. This proprietary tool keeps our clients up to date on their files while enabling us to efficiently and economically prepare loan and loan-related documents.

And overall, Dickinson Wright has earned a solid reputation for rendering first-rate, responsive service at rates that are far more reasonable than those of many other law firms serving the financial market. In addition, we offer alternative fee structures, including fixed-fee arrangements, as we strive to provide the best value to our clients in every engagement.