Investors soon may feel the effects of a cooling real estate market through subtle and not-so-subtle shifts in the way lenders view commercial real estate loans. The industry experienced strong surface growth last year: National overall vacancy rates fell to 14.7 percent at the end of the year and rents experienced the highest percentage increase in five years, according to Reis.com.

Loan negotiation is a critical component that, properly carried out, protects the borrower and the lender as well as helps ensure a good relationship. To give developers some tips on how to avoid construction loan legal problems and how to deal with them when they occur,