At Macdonald + Macdonald, we understand how to get deals done. It’s what we do! We know how to balance the lender’s need for protection without over-burdening the borrower. We facilitate loan documentation and due diligence to ensure timely and efficient closing. We have documented thousands of commercial loans secured by everything from real property to limited liability member or limited partnership interests to shares in foreign corporations to inventory and other business assets.
We represent banks, Community Development Financial Institutions (CDFIs) and other lenders in commercial transactions including predevelopment, acquisition, construction and permanent loans for schools, churches, community centers, community health centers, grocery stores, artist and incubator spaces, condominiums, hotels and multi-family housing. We also routinely draft and negotiate participation agreements and intercreditor agreements.
We understand that a collaborative and efficient closing process reflects well on both our firm and our client. We are committed to finding solutions, not problems. As a result, we often find ourselves across the table from a familiar borrowing group.
Our lawyers also represent lenders with respect to defaulted loans, including drafting and negotiating forbearance agreements, redeeming property from tax sales, handling foreclosure and other enforcement proceedings and enforcing confession of judgment remedies.