Mr. Bernfeld focuses his practice on real estate and commercial law. He counsels clients in the areas of finance, acquisitions/dispositions, leasing, development, troubled real estate, and creditors’ rights. A more detailed description is set forth below. Prior to becoming a real estate and commercial law practitioner, Mr. Bernfeld was a bankruptcy lawyer representing debtors, creditors, and Chapter 7 and Chapter 11 trustees.
Finance: Permanent, construction, and distressed property financing transactions secured by all types of real property located throughout California, shared appreciation loans on behalf of both lenders and borrowers, and whole loan acquisitions and dispositions. Commercial and asset-based lending transactions on behalf of institutional clients for all industry types.
Acquisitions/dispositions: The acquisition and disposition of office, industrial, multi-family, and retail projects, including the acquisition of land intended for development of office and retail uses, the acquisition and disposition of portfolios of both industrial-grade and REO properties, and sale lease-back transactions.
Leasing: Office, shopping center, and other retail leasing (including leases with national retail tenants), industrial (including major leases for publicly traded manufacturing concerns), build-to-suit leases, and restaurant leases.
Development: The transactional elements of various development projects, including negotiation and drafting of CC&Rs, development agreements, development and disposition agreements, construction contracts and architects’ agreements, long-term ground leases, and appearances in land use matters before the Zoning Administrator and Board of Zoning Appeals for the City of Los Angeles.
Troubled Real Estate: Advice concerning real estate projects that must be restructured, refinanced, or liquidated, including representation of both lenders and borrowers regarding nonperforming or poorly performing loans and structuring of sophisticated workouts and rearrangements of relationships.
Creditors’ Rights: Receivership, foreclosure, attachment, claim and delivery, relief from the automatic stay, and assignments for the benefit of creditors.