Anatomy of a Workout: Real Estate

September 2011

Despite increased liquidity created by the Federal Reserve, workouts and foreclosures remain an on-going concern for commercial real estate owners, lenders, investors and tenants. Significant numbers of very large commercial mortgages in the CBMS market are maturing over the next four years. Yet the CMBS market is a small fraction of what it once was. So is there enough alternative liquidity to refinance all of the debt. In these troubled times there are a number of options: forbearance and restructure, refinance, deed-in-lieu, foreclosure and bankruptcy.

Regardless of the path taken tax issues play a significant role. Join us on October 18th, 2011 to hear from a panel of experts and learn what strategies are working, borrowing options and pricing, how much time you have to restructure, when to turn over the keys and the costs and benefits of consensual versus non-consensual liquidation.

Ron Lubin, Hilco Real Estate, LLC

Carl Christensen, Net Lease Capital Advisors
Kitt Sawitsky, Goulston & Storrs
Ken Witkin, Partner, The Roseview Group

This REFA event takes place at KPMG LLP, Two Financial Center, 60 South Street, 2nd Floor, Boston
Registration 3:30pm • Panel Program 4:00 – 5:30pm • Cocktail Networking Reception 5:30 – 6:30pm

For more information, or to register for this event, please contact [email protected].