The current commercial real estate market has faced ongoing distress across various asset classes for several years. In the Practical Real Estate Lawyer article, “Primer on Commercial Real Estate Loan Workouts and Right-Sizing,” Sheppard Mullin Real Estate, Energy, Land Use & Environmental partner Richard Fries explores both traditional solutions for managing a distressed commercial real estate loan and suggests an innovative approach to right-sizing distressed real estate debt and assets. This approach applies regardless of the type of real estate asset or its location or emotional factors involved. Real estate right-sizing, meticulously aligned with economic factors, market conditions, asset specifics, recourse, sponsor reputation, the parties’ relationship and legal predictability, may emerge as the most appealing and enduring solution for distressed commercial real estate today.Continue Reading Primer on Commercial Real Estate Loan Workouts and Right-Sizing