Naperville Distressed Properties Lawyer

DuPage County Commercial Real Estate Lawyer for Loan Workouts

Today's economic times have made commercial real estate financing a tricky business. Likewise, more and more businesses are experiencing financial difficulties that affect their real estate holdings. At Lindell & Tessitore, P.C., we assist clients in negotiating and litigating issues involving loans and economic incentives for commercial real estate dealings. We have the experience and knowledge needed to facilitate solutions in an increasingly challenging commercial real estate environment.

Loan Workout & Distressed Loan Representation

The commercial real estate sector continues to struggle due to a number of factors, including lack of bank liquidity, failed projects, increasing equity gaps for commercial properties, and declining small business lending. Consequently, many commercial property loans are in default. Our firm works with individuals, businesses, and lenders on loan workout and restructure agreements and strategies for distressed loans in default. Attorney Dennis P. Lindell has extensive experience working with all types of distressed commercial properties, and he is dedicated to helping clients identify solutions to their financing problems.

Commercial Loan Financing and Economic Incentives

Obtaining financing for the purchase of commercial real estate properties and developments is increasingly difficult in this economic environment. Consequently, it is critical to hire an experienced attorney to shepherd the loan process and assist clients with obtaining economic incentives for development projects and commercial properties. Our firm works with businesses to review, negotiate, and prepare loan documents for commercial loans including:

• Acquisition loans
• Permanent loans
• Mezzanine loans
• Bridge loans
• Construction loans
• Refinancing loans
• SBA loans

Our firm works with businesses to obtain economic incentives for commercial properties and developments including governmental entitlements, public incentive financing, Industrial Revenue Bonds (IRBs), property tax incentives, TIFs, tax abatements, sales tax rebates, and redevelopment agreements.

Contact a Joliet Commercial Property Loans Lawyer

If your business needs help with commercial loan financing, economic incentives, or distressed loans, contact us at 630-778-3818 to discuss our services. We serve businesses in Naperville, Plainfield, Oswego, Aurora, Lisle, Winfield, Wheaton, St. Charles, Geneva, Batavia, Yorkville, Downers Grove, Warrenville, Romeoville, Joliet, Bolingbrook, and the greater Chicagoland area.

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