Real Estate Finance

Real estate financing can affect how a property is acquired, developed, and held. We represent borrowers and lenders in transactions structured around the asset and the broader business objective.

Our focus

Real estate financing requires an understanding of both the loan and the property securing it. Title matters, and existing leases and easements may affect the collateral. Development approvals or environmental conditions can also influence the transaction. We help clients identify those issues early and address them as part of the financing strategy.

We represent borrowers and lenders in acquisition financing, construction loans, and permanent financing. Our experience also includes commercial mortgages and private debt, as well as sale-leaseback transactions and leasehold financing. We advise on refinancing and loan modifications when a property or project requires a different capital structure.

Our attorneys negotiate loan and security documents and coordinate the due diligence needed to reach closing. We review title and survey matters, entity documents, and property agreements that may affect the lender’s security or the borrower’s plans for the asset. When a transaction involves land use or tax considerations, we bring the appropriate attorneys into the work.

Our experience extends from individual properties to structured credit facilities secured by portfolios of multifamily housing. We also advise on financings involving federal and state tax credits, including transactions supporting affordable housing and other development projects.

We represent a wide range of clients involved in real estate financing, including:

  • Borrowers and lenders
  • Developers
  • Investors
  • Financial institutions
  • Nonprofit organizations
  • Healthcare organizations
  • Educational institutions
  • Public entities
  • Commercial property owners

Our work includes:

  • Term sheets and commitment letters
  • Acquisition financing
  • Construction and development loans
  • Permanent financing
  • Commercial mortgage loans
  • Private debt transactions
  • Refinancing and loan modifications
  • Sale-leaseback transactions
  • Leasehold financing
  • Structured credit facilities
  • Multifamily portfolio financing
  • Tax credit financing
  • Loan and security documents
  • Opinion letters
  • Title and survey review
  • Due diligence involving the property and collateral
  • Financing closings and post-closing matters

Key Contacts

Jonathan D. Andrews

Jonathan D. Andrews

Represents developers in land use and zoning matters. Advises on municipal approvals for industrial, distribution, energy, utility, retail, mixed use, and residential projects.

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Jeffrey Esch McCombie

Jeffrey Esch McCombie

Provides strategic analysis and advice to developers and property owners related to real estate and the entitlement and land use process in Pennsylvania.

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