Practice Areas
ichard Fries focuses his practice on complex real estate financing and workouts transactions. He represents institutional lenders, investment banks and private equity firms in all aspects of real estate finance, with an emphasis on construction lending, syndicated loan transactions, distressed real estate workouts and remedies. He has been involved in the financing, foreclosure and restructuring of permanent, construction, acquisition, bridge and mezzanine loans secured by all types of real estate assets, including office, hospitality, retail, ground up condominium construction, multi-family, industrial and land development projects, healthcare complexes, mixed-use projects, shopping centers, as well as non-real estate assets such as multi-state franchise operations and automobile dealerships.
Richard is nationally recognized for his expertise in distressed commercial loan workouts and remedies. Richard has developed a unique market-leading practice at the cross-section of real estate finance and loan enforcement, using litigation tools to restructure real estate loans, projects and businesses with predictability and finality. His experience and reputation in loan workouts has been acknowledged by Chambers as "legendary."