Lender & Business Workouts and Renegotiations

Negotiations

While lender workouts can be beneficial to a property owner and a lender, they are not easy to accomplish. The first step is to open up the lines of communication. That includes explaining the issues and coming up with some solutions to those issues.

At Bukowski Law Firm, we have extensive experience negotiating with lenders. As a result, we can approach them on your behalf and help protect your asset. We love working with our partner clients to help them negotiate with their lenders to find a win-win solution that helps everyone achieve their goals.

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Workouts

Unfortunately, sometimes commercial real estate investments do not go as planned. Whether the market has changed on you or your assumptions were not what actually occurred, sometimes a property owner needs some assistance.

That’s when it may make sense to approach your lender and see if there is a deal to make. Often the lender does not want to own the property. As a result, it may be willing to negotiate with the property owner to come to an agreement that benefits both parties.

At Bukowski Law Firm, we have good relationships with many lenders and can help you approach and succeed in your goal to get a workout with your lender approved.

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