In the areas of finance, real estate and construction, clients are typically faced with complex, interrelated challenges that have significant monetary consequences. Enter Ron. Ron is able to identify the critical issues that affect the client’s business, and works with the client to achieve the desired result in the most efficient manner. With a background in both transactions and litigation, Ron brings the skill set to help determine a proper course of action that will result in a favorable resolution for the client.
Case Studies / Success Story:
Ron helped a senior lender on the financing of the construction of a multi-million dollar assisted living / skilled care facility. The credit facility was structured as the purchase of bonds issued by a governmental finance authority. After the project had been initially designed, construction contracts let, initial permits and approval of the finance authority obtained, certificate of need issued and subordinate financing structured, the project and its permitting were placed in jeopardy by a challenge from neighbors before the permitting authority which resulted in related litigation. Ron worked with the lender and project participants as the project went through an extended period of redesign, resolution of litigation, project repricing, feasibility analysis and related modification of required permitting and approvals, as well as contractual commitments. Ron helped the lender protect its interests while accommodating the necessary changes to the project in light of the challenges presented. The project, as well as the lender’s relationship with its borrower, were preserved.