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

Focuses on key business and legal issues within the principal agreements used to lease, finance, and restructure a real estate venture. Through the lens of the real estate developer and its counter-parties, students identify, discuss and negotiate the most important business issues in office and retail leases, and permanent loan, mezzanine loan, inter-creditor, standstill/forbearance, and loan modification (workout) agreements. Students work closely with attorneys who specialize in the construction of such agreements and with students from area law schools and New York University. Single-asset real estate bankruptcy and the federal income tax consequences of debt restructuring are also addressed. Enrollment limited; preference to MSRED students; no Listeners.