Construction lending discussed

– Photo by John Meiu


The Real Property Section of the State Bar of Michigan recently hosted a “Groundbreaker” Breakfast Roundtable on the topic of “Construction Lending:?Back in the Saddle Again.” Among those taking part in the program at the Townsend Hotel in Birmingham were (left to right) Glen Zatz of Bodman PLC; Robert Nix of Kerr, Russell, & Weber PLC; Laura Lynch of Law Office of Laura McMahon Lynch PLC; Erik Prater of Bodman; Deonna Cruz of First American Title Insurance Co.; Joe Huntzicker of Miller, Canfield, Paddock, & Stone PLC; Dawn Patterson of First American National Commercial Services; and David Martyn of First American Title Insurance Co.  During the interactive presentation, experts discussed the construction loan agreement, lien priority issues, the progress payment process, title insurance issues and other areas of construction lending.
 

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