Saft Releases Updated Book On CRE Workouts

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Stuart M. Saft, a partner in Dewey & LeBoeuf's real estate practice, has released the third edition of Commercial Real Estate Workouts, a publication designed to provide new insight and information on the timely issue of real estate workouts. The title is published and available for purchase through West, a Thomson Reuters business.
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First released in 1991, Saft's book draws on over 30 years of experience to provide up-to-date information on dealing with real estate workouts in the current real estate environment.

‘In the current real estate recession, workouts are becoming an issue of top priority. Due to the complexity and uniqueness of each situation, a well-informed adviser is the best way to protect an asset,’ explains Saft. ‘This book was written with that intention – to advise lenders and borrowers on how to best respond to a default in order to safeguard interest in the property until market conditions improve.’

Source: Dewey & LeBoeuf

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