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Jerrold M. Peven

Jerrold M. Peven



  • Real Estate
  • In- and Out-of-Court Restructurings & Liquidations
  • Real Estate Finance
  • Real Estate Workouts

WSG Practice Industries


Illinois, U.S.A.


Jerry Peven is the co-team leader of the Firm’s Commercial Mortgage-Backed Securities Special Servicer Group. He focuses his practice on commercial real estate transactions, including acquisitions, dispositions, financings, and loan workouts. He represents real estate owners and operators, banks and other financial institutions and special servicers of securitized loans on a local and national basis. Jerry’s substantial loan workout experience includes the preparation and negotiation of forbearance agreements, bring current agreements, loan modification and restructuring agreements, deeds-in-lieu of foreclosure  and loan assumption agreements involving vacant land and  properties improved with hotels, shopping centers, commercial office buildings, multifamily and golf courses. He also has had significant experience in the acquisition and disposition of apartment projects, shopping centers, industrial properties and office buildings. During his career, Jerry has represented Equity Residential (one of the largest residential REITs in the U.S.); JVM Realty Corporation; Freestone Realty Advisors; CW Capital; RBS Citizens National Association; Advantage National Bank; Bank One N.A., JPMorgan Chase, N.A.; Mooring Financial Corporation. the National Credit Union Administration, C-III Asset Management LLC and Rialto Capital Advisors, LLC. Both C-III and Rialto are special servicers of CMBS loans.

Bar Admissions

Illinois, 1980


Northwestern University, J.D. Washington University, B.S.
Areas of Practice

In- and Out-of-Court Restructurings & Liquidations | Real Estate | Real Estate Finance | Real Estate Workouts | Representation of Financial Institutions in Bankruptcy & Workout Matters


"The Problem of Surreptious Entry to Implement a Title III Intercept Order," Northwestern Journal of Criminal Law

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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