Commercial real estate borrowers face a new and much more complicated landscape these days when it comes to once-simple real estate financing transactions. MMM Real Estate Partner Doug Selph analyzes these changes in an article co-authored for ALI CLE’s The Practical Real Estate Lawyer. Titled “Borrower Considerations in Multiple Lender Transactions,” it explores changes - from the borrower’s perspective - to the traditional borrower/single-lender relationship in syndicated loan and mezzanine transactions. It also highlights potential issues affecting the borrower and sponsor relationship with their mortgage lender that may arise in preferred equity transactions. The article was published in the May 2022 issue of ALI CLE’s The Practical Real Estate Lawyer.