Ervin Holmes

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Ervin Holmes is a retired partner of the firm who represented clients in matters of real property law and related business transactions, including acquisitions and dispositions of real property, leasing, options, tax-deferred exchanges, partnerships and joint ventures, project development and financing, business acquisitions, real property foreclosures and workouts.

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SNDAs – How to Handle from the Tenant’s Perspective

By Benjamin Spiess, Gene Frassetto and Ervin Holmes on February 17, 2017 Posted in Financial Defaults, Project Lenders

At some point, almost every tenant of a commercial lease is asked to sign a Subordination, Non-Disturbance and Attornment Agreement (an “SNDA”). Generally, the SNDA comes from the landlord’s lender sometime after the tenant’s lease has been signed and the term has commenced. It can be a complex document with onerous provisions for a tenant, … Continue Reading