IMN Distressed Residential Real Estate Conference

Speaking Engagement:

Tuesday, March 18 – 5:20 PM

Purchasing Distressed Condos: Business, Operational and Legal Strategies to Transform Them into High Performing Investments

• Management Issues
• Liability & Legal Considerations
• Tax & Control Issues Associated with HOAs
• Considering Current Local Market Conditions
• When Should a Developer Accept the Legal Risk Imposed by the Condominium Documents?

Session Chair:

Michael Lyon, Partner, Procopio

Panel Participants:

• Grace Mann, Shareholder, Becker & Poliakoff, P.A.
• James L. Berger, Co-Chief Executive Officer, Berger Singerman
• Michael Richter, President, Community Planning Associates, Inc.
• Doug Edgelow, President, Equus Development Corp.
• Arthur Nevid, Managing Director, Mountain Funding
• Lorne R. Polger, Managing Director, Pathfinder Partners, LLC

Wednesday, March 19 – 11:30 AM

What Are Lenders Doing with Their Underperforming Properties Pre-Foreclosure?

• What does it take for lenders to walk away from loans? Then what?
• Mezz/Senior lenders as equity owners
• REO Issues
• Discount, extend or bankruptcy: What goes into your decision?
• What are you doing if a large, important client is facing default? When would you “carry” him? For how long?
• * When do you look to bring in new equity?
• Legal considerations
• Have you started to unload product or are you keeping it on-balance sheet?
• When should a developer approach you when there is a problem?
• Treating covenant violations
• Resolving loan maturation

Session Chair:

Michael Lesser, Managing Director, Eastdil Secured

Panel Participants:

• Ronald Kriss, Shareholder, Akerman Senterfitt
• Douglas Wilson, Chairman and CEO, Douglas Wilson Companies
• Grant Puleo, Partner, Procopio
• Paul Jones, President, Pyramid Realty Group, Inc.
• Don Wasil, Partner, Shutts & Bowen LLP
• Thomas B. Deane, Director-Head of Structured Transactions & Special Assets, Real Estate Asset Management, Wachovia Securities

For additional information or to register for the conference, visit Information Management Network (IMN).