• Manatt and George Smith Partners Join Forces to Provide an Integrated Advisory Platform for CMBS Borrowers 

      National law firm Manatt, Phelps & Phillips, LLP and leading national commercial real estate investment banking firm George Smith Partners, have joined forces to offer an integrated legal and financial advisory platform to advise and assist borrowers with securitized commercial real estate loans (CMBS) in restructuring their debt. 

      The GSP/Manatt advisory platform offers extensive capabilities across two key disciplines: legal and finance.  George Smith Partners will assemble both market and property-specific data to formulate a workout plan in consultation with the client, followed by preparation of a compelling written business plan case in support of that plan. 

      The legal team from Manatt will review the loan documents to determine the loan terms and current legal status of the loan.  Manatt will also obtain and analyze the securitization documents in order to understand the workout constraints on the servicer, with the goal of incorporating all of this diligence into the final workout proposal. 

      Finally, Manatt and GSP will work side by side during workout negotiations with the servicer and negotiate final workout documents on behalf of the client.

      Through an integrated legal and financial platform, the joint advisory group will assist borrowers to successfully address the challenges presented when restructuring and modifying securitized commercial real estate loans.  For more information on this joint advisory platform, please click here