TAMPA, FL—Ron Cohn believes in the Tampa Bay area's commercial real estate comeback. In fact, he's witnessing the market come back in a big way.

Cohn, managing partner of the Arnstein & Lehr law firm's Tampa office, specializes in working out delinquent commercial real estate and asset-based loans for a variety of commercial lenders, including banks and secondary market investors. That work is starting to settle back to pre-recession levels, reflecting the improvement in the market.

At the same time, Arnstein's transaction work is booming—a sign of the increased pace of commercial real estate activity in west-central Florida. But while the market is better, Cohn tells GlobeSt.com, it's important for commercial lenders to do their homework and avoid deals that could cause headaches later. GlobeSt.com caught up with Cohn to discuss the market and offer some tips for those making deals or working out bad loans.