Cases & Deals

Secured lender forecloses on large-scale luxury residential project and club

Clients Secured Lender

Jones Day represented a lender in an approximately $160 million first-priority mortgage credit facility in connection with enforcement and post-enforcement strategies related to the loan. This matter involved the exercise of remedies comprising, among other steps, a successful judicial foreclosure of a substantial luxury residential real estate project and undeveloped land in Park City, Utah, and the appointment of a receiver with respect to certain operation matters.