Bruce represents real estate investors, lenders, and borrowers in real estate financing and investment transactions. His level of sophistication and knowledge, and his appreciation of the perspectives of all parties involved, enable him to thoughtfully structure financing transactions, help resolve intercreditor and co-lender agreement issues and develop strategies to meet his clients' business objectives.
Secured Financing For Real Estate Assets
In the past few years, Bruce has structured, negotiated, and closed more than 50 senior/subordinate real estate transactions utilizing an array of different structures including permanent loans, bridge loans, mezzanine loans, and A/B structured loans for his clients. These deals range from new loan originations to recapitalizations, workouts, and distressed debt acquisitions. The loans are used for existing and to-be-constructed projects all over the United States.
Bruce is involved in a wide variety of financing structures – involving loans made or acquired either by portfolio lenders or capital markets lenders and investors – for office, retail, multi-family, industrial, hospitality, senior housing, agricultural and mixed-use properties, as well as residential developments.
Sophisticated Structured Debt Practice
Having counseled numerous market participants in mezzanine lending and other structured debt transactions, Bruce is retained by senior lenders, mezzanine lenders, B Note investors, and borrowers, in multi-tiered financing transactions.
An Insider's Guide To The Purchase Of B Notes, Mezzanine Loans And Other Distressed Debt, Strafford Publications, Inc., August 2011
Uninsured, But Not Uninformed: Exclusions Of Creditors’ Rights Title Insurance Coverage, CCN Client Alert, 5/1/2010
The Ins And Outs Of Loan Administration And Disposition, CCN Finance Newsletter, Winter 2009
SPE Provisions After GGP – A Wall Of Steel Or Swiss Cheese?, CCN Finance Newsletter, 9/10/2009
The IRS Issues New Regulations Designed To Facilitate CMBS Workouts, CCN Client Alert, 9/29/2009
FDIC Portfolio Asset Sales Update, CCN Client Alert, July 2009
Major Shift In Legacy Loan Program, CCN Client Alert, 6/4/2009
Legacy Loans Program Update, CCN Client Alert, 3/29/2009
Introducing The Legacy Loans Program – The Government's Latest Attempt To Address The Current Credit Crisis, CCN Client Alert, 3/25/2009
Out Of Chaos Comes Opportunity: Profiting In The Subordinate Debt Market, CCN Perspectives, Fall 2008
Issuance Of Legal Opinions On The Enforceability Of Environmental Indemnities Under California Anti-Deficiency Law, California State Bar, Real Property Section, Annual Retreat
Distressed Real Estate Loan Acquisitions: Due Diligence Strategies, Strafford Publications, Inc. Webinar, August 2011
Balance Sheet Lenders: Doing Business In 2011, Information Management Network The 8th Annual Winter Forum On Real Estate Opportunity & Private Fund Investing, 1/13/2011
CMBS Structured Transactions: Subordinate Lender & Borrower Issues In Workouts & Restructuring Of Capital Stack Transactions, Information Management Network Western Distressed Commercial Real Estate Forum, 5/13/2010
Making The Best From Distressed Opportunities, Urban Land Institute Fall Conference, 11/15/2009
Helping Sellers & Buyers 'Get Real' Estate Loan Sales Closed, Cox, Castle & Nicholson Informational Teleconference, October 2009
Which Way Real Estate?, Asian Business League Annual Real Estate Conference, 7/14/2009
The Real Estate Mezzanine Loan Secondary Market: A Guide To Opportunities, Information Management Network's 6th Annual Western Borrowers' And Investors' Forum On Real Estate Mezzanine Loans, 4/27/2009
The 700 Billion Treasury Bailout And Its Effect On The Real Estate Market, Information Forecast, Inc., 12/10/2008
Raising Capital For Thrifts And Banks, United States Office Of Thrift Supervision Regional Conference, September 2008
Buying Distressed & Non-Performing Commercial Residential & Subprime Paper, Information Management Network's 2nd Symposium On Distressed Real Estate, June 2008
B-Note, Mezzanine And Preferred Equity: Is There A Difference?, Information Management Network's 5th Annual Western Borrowers' And Investor's Forum On Real Estate Mezzanine Loans, 4/14/2008
The Credit Crunch: A Lender's (Borrower's) Counsel's Current Take On The Mayhem, State Bar Of California Real Property Section, February 2008