11.352
Real Estate Ventures II: Negotiating Leases, Financings, and Restructurings

Building on 11.351, studies key issues of principal asset management agreements, through the lens of the real estate developer/investor, in connection with the value creation, financing and restructuring phases of a real estate venture. Value creation phase focuses on negotiating office and retail leases. Financing phase focuses on negotiating permanent and mezzanine loans and intercreditor agreements. Restructuring phase addresses the important financial, legal, income tax and governance issues associated with a venture falling into financial distress and the need to negotiate standstill/forbearance and loan modification agreements.