Orange County Business : REAL ESTATE

Real Estate Report: Robert Beall, an attorney in the Newport Beach office Sheppard, Mullin, Richter & Hampton, has helped compile a 75-page report for lenders called “Loans in Default--What You Don’t Know Can Hurt You.” Sections include recognizing warning signs of deteriorating credit, reviewing collateral, analyzing debt compared to value, and selecting a course of action for collection.

“Distressed real estate has been a real hotbed here in Orange County with the real estate downturn,” Beall said. “It will be a while before we see this go away.”