Kroll, McNamara, Evans & Delehanty represents lenders in the structuring and closing of real estate finance transactions throughout the United States. The largest component of the Firm's finance practice is the representation, on a national basis, of several of the country's largest mortgage loan origination companies, each of whom makes mortgage loans on commercial real estate which are structured and intended to be "securitized", that is, sold in pools of loans to real estate mortgage investment conduits, or "REMICs", which issue collateralized mortgage backed securities, or "CMBS", for sale on public security exchanges. The Firm also represents other institutional real estate investors as borrowers in leveraging their real estate portfolios.

Commercial Leasing and Asset Management

We represent both landlords and tenants throughout the nation in retail, office, and industrial leasing transactions involving the negotiation and drafting of space leases, pad leases, and ground leases. We are national or regional counsel to several institutional investors-landlords as well as a number of major retail tenants. Our role as leasing counsel entails the traditional tasks of negotiating legal issues and drafting relevant provisions. In addition, we also provide advice and analysis relating to the effect various leasing strategies may have on specific financing and lender considerations as well as the overall asset management goals of the property. As a result of the knowledge we have obtained in other practice areas, such as lender representation, we provide out clients with a unique and valuable perspective.

Acquisitions and Dispositions

Kroll, McNamara, Evans & Delehanty has traditionally assisted clients with the acquisition and disposition of all forms of commercial real estate. We handle the acquisition and sale of office buildings, shopping centers, hotels, residential complexes, industrial properties, and undeveloped land throughout the United States and off-shore. We have extensive experience in the structuring of joint ventures and partnership transactions, sale-leasebacks, ground lease transactions, and acquisitions and sales involving debtors subject to bankruptcy proceedings.

Hotels

Kroll, McNamara, Evans & Delehanty has represented a variety of clients in the acquisition, disposition, financing, licensing, and restructuring of hotel properties including owners, lenders, developers, and management companies. We have substantial practical knowledge of the operational, management, and accounting practices distinctive to hotels, and a strong understanding of the issues and concerns that are unique to the hospitality industry. We have considerable experience representing financial institutions in making both construction and permanent loans on hotel projects. We are also experienced in the negotiation of hotel management agreements.

Development

Kroll, McNamara, Evans & Delehanty has always represented a wide range of clients in the real estate development business. Our extensive experience in this practice area includes retail, office, industrial, hotel, multi-family residential, and mixed-use facilities. As a result of the knowledge we have obtained in other practice areas, such as lender representation, we provide our clients with a unique and valuable perspective.

Workout and Restructuring

Kroll, McNamara, Evans & Delehanty maintains a strong practice in the workout and restructuring of troubled loans and the disposition of distressed real estate, both in and out of court. Our general financing experience and our other real estate-related experience provide us with a broad perspective that we can bring to bear when we handle such transactions. Many of these transactions include complicated multi-creditor issues and intricate financing arrangements. In the restructuring of problem loans, we also work closely with the Firm's litigation group and have handled a variety of contested matters, ranging from foreclosures to consensual deeds in lieu of foreclosure.