Insights 2024
In the Midst of a Real Estate Downcycle, How Borrowers and Lenders Can Protect Their Interests
Jessica Fluehr, Michael G. Hamilton, Lance Levine, and Malcolm K. Montgomery
The commercial real estate market is caught in a severe downturn due primarily to rising interest rates, reduced demand for office and retail space post pandemic, and a cyclical slide following a long post-Great Recession upswing. Borrowers and lenders have to carefully consider their options as they navigate through such a challenging environment. Here, our real estate lawyers identify legal and strategic pitfalls to avoid and advise on ways to achieve the best outcomes in this difficult market.
Real estate has been a key focus for O’Melveny since its founding nearly 140 years ago. Over our long history, we have handled hundreds of matters involving all types of real property.