Financing

GordonDerr understands the critical role of financing in almost every project, whether or not clients seek the firm's focused knowledge and counsel on finance-related matters. GordonDerr is adept at coordination of project funding sources for acquisition, construction, leasing and other steps in the development and ownership process. Attorneys assist with construction loans during the development phase of a project, permanent loans upon project completion, and refinancing of existing loans.

Focused Knowledge and Experience

• Construction and permanent real estate loans, including conduit loans
• Combining multiple funding sources for complex projects, including loans from private lenders, financial contributions from governmental participants, and subordinate debt, including public and publicly subsidized loans
• Line of credit and other business loan negotiation and structure
• Ground lease finance

Representative Accomplishments

• Represented real estate developer in negotiation of construction loan and publicly financed subordinate loans secured by ground leases for mixed-use Seattle project, then negotiated permanent, securitized loan to replace the construction loan. Coordinated negotiations between our client and the ground lessor and multiple funding sources.
• Represent major Northwest commercial/residential developer in review and negotiation of loan documents for lot acquisition and construction of single-family homes and other projects.