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Real Estate Bankruptcies and Work-Outs: Practical Strategies for the Post-COVID Era

August 17, 2020

ROI Properties Practical Plans Post COVID

Thursday, July 9, 2020, Beth Jo Zeitzer, Owner and Designated Broker of R.O.I. Properties, and Cathy Reece, of Fennemore Craig presented Real Estate Bankruptcies and Work-Outs: Practical Strategies for the Post-COVID Era to the American Law Institute (ALI). This program examined the real estate market, pre and post-COVID-19 and discussed current market trends and how they will influence bankruptcy and work-out strategy.

Topics of discussion included:

  • Commercial real estate re-imagined: COVID-19 is the great accelerator
  • Foreclosure moratoria and their impact on commercial real estate: The long pause…
  • Loan default/delinquency by asset class: Hospitality/lodging, retail, m/f, office, and industrial
  • Creditor’s rights provisions and documents: Special/single purpose entities, non-recourse loans and carve out guarantees, intercreditor agreements, and pre-workout or pre-negotiation letters
  • Addressing insufficient cash flow
  • Alternatives and remedies: Deeds in lieu of foreclosure, assignment for the benefit of creditors, receivership, sale of property or auction, sale of note and lien, partition, and other state remedies
  • Bankruptcy process and outcomes

Let us know if you are interested in scheduling an exclusive webinar/seminar, on a complimentary basis. Please, email bjz1@roiproperties.com for inquiries. We can offer continuing education credit/certificates as well!

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