Experience

Represented Noteholder, by and through CMBS special servicer, in foreclosure litigation relating to $16 million loan secured by eight distressed apartment buildings in Chicago, IL. Obtained appointment of receiver, judgment of foreclosure, and $10 million deficiency judgment against guarantor. Represented Noteholder through servicer in municipal prosecution actions and in resolution of mechanic’s lien claims. Facilitated REO disposition to third-party purchasers.