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Carol L. Schoffel Faber

Co-Chair, Distressed Property Practice

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Carol Faber has extensive experience representing clients in a wide range of real estate transactions, including financing, leasing, and acquisition and sale transactions. Her financing experience includes representing borrowers and lenders in mortgage loans, ranging from several million dollars to hundreds of millions of dollars, on vacant land and developed property of all kinds, including industrial property, office buildings, shopping centers, hotels, condominiums, and apartment buildings, as well as construction loans, real estate related asset-based loans, leasehold mortgages, securitized loans, mezzanine loans, and loan participations.

She also has extensive experience representing institutional lenders and holders of debt (including portfolios purchased from the FDIC) in loan workouts, restructures, forbearances, short sales, sales of loan documents, re-sales after foreclosure, deed-in-lieu transactions, and commercial foreclosures, having been involved in hundreds of millions of dollars of distressed property transactions including loan and judgment sales.

Carol has also handled millions of square feet of leases, frequently representing landlords and tenants in office, industrial, and retail leases, as well as in ground leases, leases of schools, spa facilities, airport facilities, and performance venues, with experience in assignments, subleases, renewals, relocations, telecommunications agreements, work agreements for build-out of space, and subordination, non-disturbance, and attornment (SNDA) agreements.

Carol also represents foreign individuals and companies in real estate and international and domestic business transactions. Carol was recognized twice among Real Estate Forum's Women of Influence (2011 and 2017) as one of 50 women real estate professionals chosen nationally for this award. Carol also serves as the Leader of Akerman's Women's Initiative Network.

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