MIAMI—As activity continues to pick up, do you worry that there might be a return to some of the irrational exuberance of the pre-recession market? At least two attorneys who have done their fair share of workouts don't.

Ron Cohn, managing partner of the Arnstein & Lehr Tampa office, focuses much of his work on working out problem commercial real estate and other commercial loans for lenders and secondary-market investors. His wife, Vanessa, handles closings of new loans for commercial lenders, as well as for buyers and sellers of commercial properties.

GlobeSt.com caught up with the Cohns to talk about what they see in the lending market, as well as how the industry has changed for real estate attorneys in part two of this exclusive interview. You can still read part one: Lender Landscape Changing as Workouts Slow.