Real Estate Finance

In addition to the Capital Markets Lending practice, Miller Canfield has particularly strong experience  specialized in the representation of banks, institutional lenders, finance companies, insurance companies, REIT's and other lenders and ours is  the largest bond and tax exempt practice in Michigan.  We structure and close loan transactions of all sizes and types and provide comprehensive licensing and compliance assistance to lenders.  Our corporate, real estate finance and investment banking lawyers structure transactions that develop and support real estate projects of all sizes, throughout the U.S. and Canada.

Miller Canfield attorneys counsel and represent public and semi-public vehicles, including investment funds, private placements, syndicated partnerships, REITs, long-term ground leases, sale/leasebacks, subordinated and convertible debt, bond and tax-exempt financing, and credit-enhancement instruments.

We represent institutional lenders in construction finance, and restructuring and workouts of troubled real estate loans and enforcement of lender rights in delinquent loans, and our extensive experience in debtor-creditor rights, bankruptcy, corporate and tax practice enables creative solutions for distressed real estate projects on behalf of both lenders and borrowers. 

Miller Canfield is regularly relied upon to restructure and refinance borrowing entities, whether troubled or healthy, and to resolve disputes among partners or shareholders and between the entities and their creditors or investors. Miller Canfield has obtained successful reorganizations or refinancings for many real estate partnerships and other forms of real estate ownership.

Representative matters include:

• $1.6 billion bond financings, Metropolitan Airport Midfield and North Terminal, Romulus, Michigan
• Finance and construction counsel for Comerica Park and Ford Field, including arbitration and favorable settlement of a multi-million dollar construction claim in connection with construction work performed
• Served as lender's counsel for hundreds of multi-million dollar commercial mortgage loans each year for multifamily, office, retail, industrial, self-storage and manufactured housing properties across the country, for national, regional and local lenders, for loans targeted for securitization and for portfolio, including national, multi-parcel transactions.