FAQ
Getting Started.
This FAQ explains the steps involved in engaging with Beplace for commercial real estate financing. It includes information on the initial consultation process.
|Engagement Options.
Does Beplace take on every engagement?
No. At Beplace, we deliver dedicated attention —intentionally limiting the number of active engagements so that we provide borrowers with the focus and precision needed to move transactions forward and keep them on-track.
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Can borrowers engage Beplace for only part of the financing process?
Yes. While Beplace provides end-to-end execution by default and includes all Task Management Services, you may notify us in writing to exclude specific tasks. However, Beplace reserves the right to decline or adjust engagement terms if exclusions impair financing execution. Service terms are outlined in the engagement agreement and govern all services upon execution.
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​Can borrowers engage Beplace if a term sheet is already secured?
Yes. We can assist with reviewing terms, satisfying lender conditions, managing due diligence, and working towards a closing.
If a term sheet was secured through a Borrower Broker, Beplace facilitates financing execution but does not assume responsibility for the actions, representations, or obligations of the Borrower Broker.
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Can borrowers engage Beplace if a term sheets is already executed?
Yes. We can assist with reviewing executed terms, satisfying lender conditions, managing due diligence, and working towards a closing.
If a term sheet was executed through a Borrower Broker, Beplace facilitates financing execution but does not assume responsibility for the actions, representations, or obligations of the Borrower Broker.
|Engagement Selection.
How does Beplace select an engagement?
Beplace selects engagements strategically, ensuring that every transaction receives the dedicated attention it demands. Our first consideration is whether we can provide borrower-exclusive advocacy and conflict-free representation while securing financing in high-stakes commercial real estate transactions. We represent and advocate exclusively for borrowers—ensuring that every engagement remains free from conflicts of interest and divided loyalties.
Beplace takes on transactions where the stakes are not just high—they’re decisive. Our focus is on transactions at any stage of delinquency, default, forbearance, workouts, pre-foreclosure, foreclosure, receivership, or bankruptcy. These are moments where borrowers face critical financial risks, legal complexities, or time sensitivities.
Beyond the transaction itself, we assess the borrower’s reputation and ethical considerations. We operate with the highest standards of integrity. Every engagement must align with our purpose , mission , and vision —ensuring that our work delivers meaningful impact to borrowers navigating high-stakes commercial real estate transactions.​
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What should borrowers provide during the initial consultation?
The initial consultation is a discussion focused on understanding the borrower’s transaction, challenges, and financing needs. Borrowers are not required to provide any documents at this stage. Instead, they should be prepared to discuss general details about the property, transaction status, and objectives. This may include the reason for seeking financing, any challenges they are facing, and the transaction’s active stage—whether delinquency, default, forbearance, workouts, pre-foreclosure, foreclosure, receivership, or bankruptcy. Borrowers should also be prepared to outline their desired outcome.
Beplace does not require or request attorney-client privileged information, litigation strategy, or other protected materials during the initial consultation. Privilege protections do not apply automatically and must be explicitly structured under Kovel principles or work-product protections if applicable. Borrowers may consult with their attorneys regarding privilege considerations before sharing legal or strategic information.
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What should borrowers provide during follow-up consultations?
If there is mutual interest after the initial consultation, borrowers may provide non-privileged supporting documents to assist in evaluating the transaction. These may include property financials, rent rolls, operating statements, or lender communications that have already been shared with third parties, as well as case docket information when litigation is involved.
Beplace does not require or request attorney-client privileged information, litigation strategy, or other protected materials prior to engagement. If an engagement is structured under Kovel principles or work-product protections, privilege considerations will be determined by the Borrower Attorney. Borrowers may coordinate separately with their attorneys to determine what details can be shared.
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What should borrowers provide during the engagement?
Once an engagement is established and as the transaction progresses (or regresses), borrowers will need to provide comprehensive transaction-related materials to facilitate execution. This may include updated financial statements, organizational documents, compliance records, and third-party reports relevant to the transaction.
Throughout the engagement, Beplace will coordinate with the borrower to identify and request required materials. Beplace does not assume privilege protections unless explicitly structured under Kovel principles or work-product protections. If Borrower Attorneys confirm that sharing privileged information with Beplace will not waive privilege, such information may be provided in accordance with the attorney’s directives.
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What if I have more questions?
Send us a message or schedule a call so we can help answer your questions.
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How do I start working with Beplace?
Schedule a call with us to discuss your financing needs and explore how we can assist with your transaction.
|Have more questions?
For more answers on other topics, visit our general FAQ page.