New England Biz Law Update

The commercial real estate (CRE) sector has in recent years been focused on continued higher interest rates, which has increased the cost of borrowing in an environment of property valuations driven upward while low interest rates persisted, stressing both CRE deal volume and investor return.

Construction loans are different from other mortgage loans in that the construction lender makes advances of loan funds to the borrower as work is completed in multiple (typically monthly) draws over the course of the loan term, rather than making ...

There have been a lot of headlines recently about property valuations, interest rates and a potential credit crunch for commercial real estate.  The great financial crisis of 2008 (“GFC”) is frequently cited as a potential guide to how this may ...