Lawyers Advise Developers to Talk to Bankers

"Lawyers Advise Developers to Talk to Bankers," a piece published in GlobeSt.com on September 26, 2008 by Real Estate Florida editor Carl Cronan, focused on a Holland & Knight seminar held in the firm's Tampa office on September 25. Partners Jim Shimberg, David Singleton, Noel Boeke, and Rod Anderson presented a panel discussion on "Life in a Down Market: Real Estate and Land Use Issues in a Challenging Economy." The article discusses some of the program's highlights and lessons from the trenches, such as the recommendation that developers keep open lines of communication with lenders regarding project status and problems, and the importance of avoiding bankruptcy as a method of "buying more time" for development projects.