Structuring Ground Leases and Leasehold Mortgages: Balancing Competing Interests Among Owners, Lessees, and Lenders
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will provide counsel with an overview of the process of drafting and negotiating a financeable ground lease and address key provisions that balance the interests of the owner, lessee, and lender. The panel will also discuss the leasehold mortgage and issues presented by leasehold financing.
Outline
- Perspectives of the owner, lessee, and lender
- Is the ground lease financeable?
- What makes a ground lease “financeable”?
- What are the key provisions of a leasehold mortgage?
- Ground leasehold mortgages/drafting and foreclosure
- Lessons from the recent economy and the role of ground leases in future development
Benefits
The panel will review these and other high priority issues:
- What are the essential provisions of a ground lease?
- What are the principal benefits to the landlord and the tenant of ground leasing a property?
- What makes a ground lease “financeable”?
- What are the key provisions of a leasehold mortgage?
Faculty
Dena Cohen
Partner
Herrick Feinstein
Ms. Cohen focuses her practice on commercial leasing transactions, ground leases, and real estate sales and... | Read More
Ms. Cohen focuses her practice on commercial leasing transactions, ground leases, and real estate sales and acquisitions. She has represented a wide range of prominent landlords and tenants in retail and office leases across the U.S. Her tenant clients have included large financial institutions, well-known restaurants, art galleries, international retailers, television networks and fashion brands in prime Manhattan locations. Ms. Cohen also represents parties in the acquisition and sale of real estate development rights, as well as outdoor advertising, billboard and signage leasing.
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Patrick J. O’Sullivan, Jr.
Partner
Herrick Feinstein
Mr. O’Sullivan represents developers, investors, governmental entities and not-for-profit institutions on a range... | Read More
Mr. O’Sullivan represents developers, investors, governmental entities and not-for-profit institutions on a range of real estate matters with a focus on development issues, particularly those that arise in public-private transactions. He has represented clients on a range of complex transactions for properties across the U.S., including acquisitions and dispositions, large-scale developments, joint ventures, construction projects, and public and private financings.
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