• Weathering the Storm: Single Asset Real Estate Cases
  • March 23, 2010
  • Law Firm: Haynes and Boone, LLP - Dallas Office
  • From 2010 until 2013, approximately $1.4 trillion of commercial real estate loans will mature. Notably, it has been estimated that nearly 50 percent of the loans are under water and that a wave of defaults and bankruptcies may occur. Because many of the commercial real estate loans are secured by a single parcel of real estate, it is critical that lenders and debtors be aware of the rules governing Single Asset Real Estate (SARE) Chapter 11 cases.