Erik M. North

Partner

Overview

With a focus on financing commercial real estate assets throughout the United States, Erik brings his business and government background to every transaction. Erik represents borrowers and lenders in the origination and modification of a broad range of secured financing. He also assists borrowers in meeting the day-to-day needs and requirements of lenders, loan servicers and joint venture partners.

Representing Borrowers And Lenders Throughout The United States

Seeing the perspective of both sides in a financing transaction can be an essential asset in getting a deal closed. With experience representing both borrower and lender clients, Erik has a keen understanding of real estate finance that helps to bridge the gap between the two sides and get deals done. Whether it's a straight-forward refinance, an acquisition and development loan, construction loan, loan assumption, multi-state portfolio loan, defeasance, ground lease financing or complex CMBS financing with a multi-tier mezzanine component, Erik has the skills and experience to get the transaction closed.  As a member of the firm’s Opinion Committee, Erik is also experienced in serving as local counsel for California transactions.  

Experienced In Workouts And Loan Modifications

From simple maturity extensions to complete debt restructuring, Erik is adept in negotiating, documenting, and closing loan modifications, workouts,  forbearances, discounted pay-offs, and deeds-in-lieu of foreclosure. Over the past several years, Erik has helped both borrowers and lenders find creative approaches to keeping projects viable under their existing financing, and in cases where it is deemed to be in the best economic interest of one or both parties, assisting in the orderly transfer of properties to their new owners.

Management Experience Benefits Real Estate Clients

Prior to joining Cox, Castle & Nicholson, Erik was a management consultant with a Big Four accounting firm, working with Fortune 500 clients to improve their businesses and maximize stock value. Erik also spent several years with the federal government. First, as an investigator for the U.S. House of Representatives Committee on Banking, Finance and Urban Affairs, where he played a lead role in the investigations of Lincoln Savings and Loan, Silverado Savings and Loan, and the failure of several other financial institutions that led to the Savings and Loan Crisis of the late 1980s. Following his time on Capitol Hill, Erik was with the U.S. Department of the Treasury, initially serving as Deputy to the Assistant Secretary for Legislative Affairs, and later as National Director of Legislative Affairs for the Internal Revenue Service.

Publications &
Speaking Engagements

Publications

Speaking Engagements

Awards &
Affiliations

Awards & Recognition

  • Southern California Super Lawyers, 2012
  • Commissioner's Award, Internal Revenue Service, 1996

Professional Affiliations

  • Los Angeles County Bar Association Real Property Section - Chairperson of the Finance Subsection
  • Real Property Section Executive Committee
  • UCLA Ziman Real Estate Alumni Group (REAG)
  • Los Angeles County Bar Associations (LACBA)
  • The Financial Lawyers Conference

Bar and Court Admissions

  • State Bar of California

Education

  • J.D., University of California, Los Angeles School of Law, 2005
  • M.B.A., University of California, Los Angeles, Anderson School of Management, 1998
  • B.S., University of Richmond, Robins School of Business, 1987