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Over-Communicating, Renegotiating, Looking Ahead

It’s a development tinged with irony: Just as attorneys and clients are cut off from their literal conference tables by COVID-era social distancing, pulling up to the figurative table is more important than ever before.
According to John A. Goldstein, who counsels and advises clients on commercial real estate and finance transactions out of the Chicago office of Greensfelder Hemker & Gale, P.C., lawyers are placing a stronger emphasis on communication.
When loan payments become difficult, Goldstein explained: “We say to clients, ‘Don’t just default.’ We say, ‘You need to talk to the lender. That’s when you’ll save yourself, as long as you communicate.’” ....

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Government Hurdles, Parking Lot Dealmaking, Pent-Up Energy

Commercial real estate lawyers navigate the pandemic era. ....

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