Financial Services Attorneys
Experienced Financial Services Lawyers in Cook, Kane, Kendall, Lake, McHenry, Kankakee, and Will Counties
Commercial Loan Documentation
Extending a credit facility for the purchase, construction or refinance 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 lender clients from initial intake through closing. Our firm works with lenders, borrowers, and their counsel to prepare and negotiate loan documents for commercial loans including:
Our firm also works with lenders and borrowers in the area of obtaining or collateralizing 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.
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 Vincent Tessitore 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 Real Estate Foreclosure & Collection Representation
Lindell & Tessitore, P.C. offers aggressive collection and commercial real estate foreclosure representation on behalf of lender clients. We understand how the foreclosure process works and are experienced in representing the interests and rights of lenders. Our clients benefit from our knowledge of state and federal laws pertaining to loan management. We will aggressively advocate for our clients through all stages of the collection and foreclosure process. Our representation includes foreclosing on real property as well as recovery of personal property collateral in accordance with the Uniform Commercial Code.