Tim Swearingen

Tim Swearingen

July 16, 2024 | New York Law Journal

Financing Property of Not-For-Profit and Religious Corporations

The world of nonprofits represents a wide range of causes and there are different requirements that must be satisfied in connection with such real estate transactions, depending on an organization's purpose and the specifics of the deal. In their Real Estate Financing column, the Jeff Steiner, Scott Weinberg and Tim Swearingen discuss the requirements.

By Jeffrey B. Steiner, Scott A. Weinberg and Tim Swearingen

6 minute read

November 15, 2022 | New York Law Journal

A New Bankruptcy Concern for Lenders

While mortgage lenders have long worried that a bankruptcy filing by their borrower could prevent or delay a foreclosure action, should they now also worry that a bankruptcy filing by a tenant at the property will have the same impact? A recent Second Circuit Court of Appeals decision seems to say yes. In their Real Estate Financing column, Jeff Steiner and Tim Swearingen discuss the case "Bayview Loan Servicing LLC v. Fogarty."

By Jeffrey B. Steiner and Tim Swearingen

6 minute read