Distressed Real Estate

When the real estate market faces instability, disruption creates opportunity. At One Legal Square, our Distressed Real Estate team provides clear, practical advice to help clients navigate challenges and capitalise on possibilities. We have guided clients through multiple market cycles, working with lenders, funds, borrowers, operators, developers, purchasers, sellers, sponsors, investors, institutional advisers, and investment managers across the UK and internationally.

We adopt a fully integrated, multi-disciplinary approach, collaborating closely with our Real Estate, Financial Restructuring, Tax, Litigation, and Securities teams to deliver tailored transactional and litigation solutions that achieve the best possible outcomes for our clients.

We advise on a comprehensive range of distressed real estate matters, including:

• Mortgage, mezzanine, and portfolio/credit facility defaults and remedies, including foreclosures, out-of-court and in-court restructurings, workouts, deeds and assignments in lieu, and discounted pay-offs
• Debt purchases and sales, including “loan-to-own” transactions, whole loans, portfolios, and CMBS
• Bankruptcy and other insolvency proceedings, including fraudulent conveyance and preference actions, substantive consolidation, cash collateral and debtor-in-possession financing, adequate protection, and plan confirmation
• Fund and joint venture amendments and modifications, including change of control (removal and replacement), defaults, modifications to capital commitments, deadlocks, and contested or uncontested exercise of exit rights
• Lender funding defaults

Our proactive, commercially focused advice helps clients mitigate risk, protect value, and position themselves strongly for recovery and future growth in challenging market conditions.

For more information on how we can support you with distressed real estate matters or discuss your specific situation, reach out to us here.