Lunch Available 11:30 a.m. CST
Presentation 12:00 p.m. – 1:00 p.m. CST
Real Estate Based Debt-on-Debt Lending (A.K.A. “Leverage Loans” or “Loan on Loan Financing”) – This presentation will explain the basic structure of a medium to long term debt on debt loan secured by an underlying loan which is secured by real property. It will include comparisons to alternative financing structures (i.e. A/B Loans, Mezzanine Loans and Syndications) as well as fundamental benefits and downsides to the use of a debt-on-debt structure from the perspectives of each of the underlying borrower, direct lender and the leverage loan lender. In addition to the above, the presentation will address some commonly encountered issues and unique features of debt-on-debt loan origination, including the relationship between the leveraged lender and underlying borrower, loan servicing, default scenarios under the debt-on-debt loan and under the underlying loan, unique debt-on-debt guaranty issues and title insurance.
This course has been approved for MCLE credit by the State Bar of Texas Committee on MCLE in the amount of 1 credit hour.
North Carolina CLE is pending.
Live in Dallas, Texas
2728 N. Harwood St., Suite 500
Dallas, TX 75201
Complimentary parking
Webcast/videoconference available in these other Winstead offices:
401 Congress Ave., Suite 2100
Austin, TX 78701
201 North Tryon Street, Suite 2000
Charlotte, NC 28202
300 Throckmorton Street, Suite 1700
Fort Worth, TX 76102
600 Travis Street, Suite 5200
Houston, TX 77002
24 Waterway Avenue, Suite 500
The Woodlands, TX 77380
For information on attending, please contact Kathleen Batman at kbatman@winstead.com.