Adam Weissburg was quoted in a Law360 article entitled, "Regulatory Reform May Level The Bank-Nonbank Playing Field". The article covers a recently introduced bill in the U.S House of Representatives and what that may mean for lawyers in the banking and real estate sectors.
One aspect of the bill proposes that construction loans made before 2015 would not be HVCRE. On this topic, Adam says, "Exempting for the pre-2015 construction loans I think was a fantastic idea. There are certainly probably some bigger construction loans that are out there." He then adds, "It would have been a lot more helpful last year."
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