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Zachary Prendergast

Zachary Prendergast

Roetzel & Andress, LPA, Ohio, Cincinnati

Zachary Prendergast
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Ohio, Cincinnati office

310 Chiquita Center250 E. Fifth Street Cincinnati, Ohio 45202

Biography

Zack represents secured and unsecured creditors at all stages of commercial loan transactions. His clients include financial institutions, special servicers, REIT's, commercial leasing companies, and acquirers of commercial debt.

Zack's main focus is advising clients on resolving distressed and non-performing commercial loans. He counsels clients in out-of-court workouts and restructurings, foreclosures, receiverships, bankruptcy, and the management and disposition of REO property. He has substantial experience with many kinds of workout and restructuring transactions, including modifications, forbearance agreements, discounted payoff agreements, deed-in-lieu agreements, and loan sale agreements.

Zack also regularly represents court-appointed receivers. He advises on all aspects of their duties, including reporting, management, leasing, vendor contracts, staffing, and disposition of receivership assets. He has represented receivers of multi-family rental properties, retail centers, office buildings, hotels, and superregional shopping malls, among other assets. Zack has also counseled acquirers of assets out of receivership.

Specialities

  1. Bankruptcy and Creditor Rights
  2. Real Estate