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Liana W. Spendlove

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Partner

Liana Spendlove is a partner in the firm's Real Estate & Land Use practice, focusing on commercial loan work-outs, sales and acquisitions, real estate finance and other related transactional matters.

Liana has particular experience with CMBS specially serviced commercial real estate loans, including loan review, modifications, assumptions, receivership sales, note sales, forbearance agreements, extensions, foreclosure, title and survey and other due diligence review.  Her representation in these transactions has involved a wide variety of commercial properties in states such as California, Arizona, Utah, Nevada and Idaho.

She has handled local and multi-state commercial real estate transactions, including retail and office leasing negotiations, office, retail, hotel and raw land sale and acquisitions, joint venture and real estate investment formations and due diligence and financing matters.

Sample CMBS Loan Work-Out experience: 

  • Represented CMBS noteholder, by and through special servicer, in assumption and modification of a $200 million loan secured by an office building in Los Angeles, California.
  • Represented CMBS noteholder, by and through special servicer, in modification and assumption via receivership sale of a $105 million loan secured by a mixed retail/office complex in Huntington Beach, California.
  • Represented CMBS noteholder, by and through special servicer, in modification and assumption via receivership sale of a $65 million loan secured by an office building in Phoenix, Arizona. 
  • Represented CMBS noteholder, by and through special servicer, in modification and assumption of a $85 million loan secured by a shopping plaza in Carlsbad, California.
  • Represented CMBS noteholder, by and through special servicer, in discounted payoff of a $47.3 million loan secured by a retail center in Sacramento, California.
  • Represented CMBS noteholder, by and through special servicer, in reinstatement of a $19,320,000 loan secured by a multi-family condominium in Ontario, California.

Professional Leadership

  • State Bar of Arizona
  • Maricopa County Bar Association

Related Employment

  • Brigham Young University General Counsel’s Office, Provo, UT, Law Clerk, 2003 - 2005
  • Kirton & McConkie, Salt Lake City, UT, Extern, 2004

Education

  • Brigham Young University, J. Reuben Clark Law School, J.D., magna cum laude, Order of the Coif, 2005
    Editor, Brigham Young University Law Review
  • Brigham Young University, B.S., summa cum laude, 2000

Bar Admissions

  • Arizona