Jerrold M. Peven

Senior Counsel


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.

    • Northwestern University, J.D.
    • Washington University, B.S.
  • Bar Admissions

    • Illinois, 1980
  • Court Admissions

    • U.S. Supreme Court
    • Recognized in Illinois Super Lawyers® for Real Estate, 2011-Present
    • Recognized in Law & Politics as an Illinois Super Lawyer for Real Estate, 2005-2010
    • Named an Illinois Leading Lawyer in the area of Real Estate: Commercial and Real Estate: Finance by the Leading Lawyers Network, 2004-2017. Law Bulletin Publishing Company
    • Recipient of an AV® Preeminent™ Rating by Martindale-Hubbell

Latest News and Insights

Blog Posts4.3.20

Ohio Issues Executive Order Requesting Relief for Small Business Tenants and Commercial Real Estate Borrowers

On April 1, 2020, Ohio’s Governor issued Executive Order 2020-08D, a copy of which is linked here.…

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Press Releases1.29.20

18 Dykema Attorneys Listed as 2020 Illinois Super Lawyers and Rising Stars

Dykema, a leading national law firm, announced today that a total of 16 attorneys from the firm’s…

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Press Releases1.10.19

19 Dykema Attorneys Listed as 2019 Illinois Super Lawyers and Rising Stars

Dykema, a leading national law firm, announced today that a total of 15 attorneys from the firm’s…

Read More