Securitized or Conduit Loans
Securitized or conduit type financing promoted by the larger lenders and securities firms has become more prevalent in the permanent loan market, both locally and throughout the country.
When representing borrowers generally in these securitized or conduit type financing transactions, we assist in the entire transaction from application to creation of the required Special Purpose Entity to documentation of the loan to closing.
National Network
When local law issues arise in non-Delaware real estate transactions, we call on our nationwide network of out of state counsel to assist.
Experience to Protect Client Interests
While securitized or conduit type financing transactions have a variety of attractive features, e.g., a more attractive interest rate and higher loan to value ratio as well as limited recourse to Borrowers, most tend to also reflect a lack of flexibility in certain critical areas. Our experience in such financing has provided us with the ability to quickly and competently negotiate and document a transaction that fulfills our client’s needs.
Delaware Law
Lenders and investors involved in these securitized or conduit type financing transactions across the country frequently call upon us to review and analyze business organization and commercial transaction documents and to provide our opinion on Delaware law and Delaware entities including limited liability companies, Business Trusts, limited partnerships and corporations. We draw on these transactions, hundreds per year, involving various types of properties with various ownership structures in order to help us meet our client’s needs in securitized or conduit type financing transactions.
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