Grant Dobson’s Article About Non-Recourse Loans Published in Edge Magazine
Miller & Martin commercial real estate attorney Grant Dobson recently authored an article titled “Non-Recourse Loans: When ‘No Personal Liability’ Still Comes with Risk” for the September 2026 issue of EDGE Magazine (page 49). The article explains why commercial “non-recourse” loans can still expose borrowers and guarantors to personal liability through bad-boy carveouts, full-recourse conversion events, initial guaranty periods, and recurring trigger events. It emphasizes negotiating the scope of these provisions early (particularly broad “Related Party” definitions and full-liability triggers) to clearly understand and limit potential exposure.
Grant Dobson, a Miller & Martin attorney with more than 35 years of experience, concentrates his practice in the areas of real estate development, construction and finance, and commercial finance and lending. He handles loan transactions for a national insurance company and represents real estate developers and operators in connection with the development, operation and financing of retail, office, residential, mixed-use developments and other commercial projects throughout the country. Grant also represents national and regional companies in connection with zoning issues, real property taxes matters and other matters involving state and local government regulation.
