Naperville, IL Commercial Real Estate Attorney
Helping Clients with Loans and Distressed Properties Throughout Illinois
Today’s economic times have made commercial real estate financing a tricky business. Likewise, more and more businesses are experiencing financial difficulties that affect their real estate holdings. At Lindell & Tessitore P.C., we assist clients in negotiating and litigating issues involving loans and economic incentives for commercial real estate dealings. We have the experience and knowledge needed to facilitate solutions in an increasingly challenging commercial real estate environment.
Loan Workout & Distressed Loan Representation
The commercial real estate sector continues to struggle due to a number of factors including lack of bank liquidity, failed projects, increasing equity gaps for commercial properties and declining small business lending. Consequently, many commercial property loans are in default. Our firm works with individuals, businesses and lenders on loan workout and restructure agreements and strategies for distressed loans in default. Attorney Dennis P. Lindell has extensive experience working with all types of distressed commercial properties, and is dedicated to helping clients identify solutions to their financing problems.
Commercial Real Estate Foreclosure Representation
Lindell & Tessitore P.C. offers aggressive commercial real estate foreclosure representation. We understand how the foreclosure process works and are experienced in representing the interests and rights of individuals, business owners and lenders. Our clients benefit from our knowledge of state and federal laws pertaining to loan management. We will aggressively advocate for our clients through all stages of the foreclosure process.
Commercial Loan Financing and Economic Incentives
Obtaining financing for the purchase of commercial real estate properties and developments is increasingly difficult in this economic environment. Consequently, it is critical to hire an experienced attorney to shepherd the loan process and assist clients with obtaining economic incentives for development projects and commercial properties. Our firm works with businesses to review, negotiate and prepare loan documents for commercial loans including:
- Acquisition loans
- Permanent loans
- Mezzanine loans
- Bridge loans
- Construction loans
- Refinancing loans
- SBA loans
Our firm works with businesses to obtain economic incentives for commercial properties and developments including governmental entitlements, public incentive financing, Industrial Revenue Bonds (IRBs), property tax incentives, TIFs, tax abatements, sales tax rebates and redevelopment agreements.
If your business needs help with commercial loan financing, economic incentives or distressed loans, contact us to discuss our services. We serve businesses in Naperville, Plainfield, Oswego, Aurora, Lisle, Winfield, Wheaton, St. Charles, Geneva, Batavia, Yorkville, Downer’s Grove, Warrenville, Romeoville, Joliet, Bolingbrook and the greater Chicagoland area.