Scott Lesser Email & Phone Number

When commercial real estate projects go south, the problems pile up quickly. For everyone. I help lenders – financial institutions, special servicers, private investors and more – work through these problems. Sometimes this calls for a solution as simple as a forbearance agreement to give the owner time to search out alternative financing. Usually, though, workouts are far more complicated. And at times, foreclosure, receivership and litigation over the debt is virtually inevitable. But the problems in distressed real estate are not limited to those between lenders and borrowers. Leases, construction liens, easements, property management, condominium associations, title impediments, competing creditors—all present unique challenges that we, as both real estate lawyers and litigators, are well-suited to address.I have represented special servicers in industry-defining litigation, lenders in deed in lieu of foreclosure transactions for properties worth $5 to $50 million, and receivers in court-authorized sales. I wrote the amicus brief for Michigan’s Real Property Law Section in the leading Michigan Supreme Court decision on foreclosures, the chapter on Michigan receiverships in two national treatises, and have been invited to speak to industry organizations and other lawyers on topics such as unique considerations in CMBS loan workouts. My group does not just advise clients on what the law says; we use our real estate knowledge and expertise in workouts and foreclosures to help maximize the value of every asset.

Listed skills include Commercial Real Estate, Real Estate, Distressed Property, Foreclosures, and 8 others.