June 23: Commercial Real Estate Restructuring - Trends and Outlook

The pandemic has negatively affected most classes of commercial real estate (CRE); however, some CRE sectors such as e-commerce warehouses, self-storage facilities, certain grocery stores, and medical spaces have done better than restaurants, retail spaces, hotels and shopping malls for example.
With an undefined end to the pandemic, there is still a tremendous amount of uncertainty regarding the commercial real estate market. This situation has also presented innovative possibilities including affordable rental prices, vacancies in sought after locations, and a shift towards a greater use of technology and digitalization.
Supported by data findings from Bloomberg Law’s 2021 Commercial Real Estate Bankruptcy Survey, this webinar panel will discuss industry trends – with explanations from speakers on the short-and long-term strategies and innovative ways to address distressed CRE clients.
Learning Objectives:

• Understand how the pandemic affected the commercial real estate market
• Recap recent legislative amendments to the Bankruptcy Code
• Examine distressed lending patterns and outlook
• Develop creative restructuring solutions that help businesses stay afloat.

This webinar is intended for advisors of landlords and tenants of commercial real estate, advisors of CRE funds and assets management companies, as well as bankruptcy practitioners.
Title:

Commercial Real Estate Restructuring - Trends and Outlook
Webinar Date/Time:
Wednesday, June 23, 2021
1:00 PM EDT •12:00 PM CDT •11:00 AM MDT •10:00 AM PDT
Register Now!
Cost:
Free
Credit:
The sponsor's announcement says this earns 1.2 CLE credit, but does not list jurisdiction. It is possible you may have to self-apply
Speakers:

• James Glenn is General Counsel for DirectBuy Home Improvement, Inc., SLT Lending SPV, Inc., and OKL Holdings, Inc., the family of companies under the umbrella of CSC Generation Holdings, Inc., responsible for running the retail brands of DirectBuy, Z Gallerie, Sur La Table, One Kings Lane, and Home Consignment Center. In his role as GC, Mr. Glenn manages his team to handle litigation management, bankruptcy acquisition due diligence, contract and deal negotiation, intellectual property portfolio management and expansion, labor and employment, benefits, retail lease drafting and negotiation, license negotiation with brand partners, brand management and enforcement, supply chain contracts and management, and the one thousand and one other jobs lobbed at GCs everywhere every day.
• Mark Hunter has been involved with more than 200 shopping centers valued at over $18 billion in his career, including some of the premier assets in the country, such as Del Amo Fashion Center, Florida Mall, Galleria Dallas, Garden State Plaza, King of Prussia, North Star Mall, Ontario Mills, Sawgrass Mills, South Park Mall, Stoneridge Mall, The Block at Orange and Water Tower Place. He has been in the shopping center industry for more than 30 years with experience in asset and property management, leasing, development, acquisitions, dispositions and marketing. 
• Tom Kiriakos is a restructuring and bankruptcy lawyer and is the Office Practice Leader for Restructuring in Mayer Brown LLP’s Chicago office. Although he has extensive experience along a wide array of industries, he has a special expertise in distressed commercial real estate matters. Among his representations, Tom was the lead bankruptcy attorney for the successful senior lender in the landmark Supreme Court 203 North LaSalle Street decision, 526 U.S. 434 (1999), as well as the lead restructuring partner in representing the administrative agent in the 2009 and 2011 restructurings of a $1.8 billion construction loan facility for the largest private construction project in North America.
• Deborah K. Wright serves as General Counsel to Prudential’s servicing subsidiary, PGIM Real Estate Loan Services, Inc. (f/k/a Prudential Asset Resources, Inc.) and is part of the legal group within PGIM Real Estate. Loan Services’ $115B+ commercial real estate loan portfolio covers Prudential’s General Account, CMBS, Fannie Mae, FHA, Freddie Mac, third-party investors, funds and other loan portfolios. Deborah has over 35 years of experience in real estate, finance, and loan servicing, including special servicing and workouts.
• Jeff Fuller is a Legal Analyst on the Corporate Team, focusing on bankruptcy and financial restructuring. His experience includes over a decade of work as an attorney in chapter 11 bankruptcy cases nationwide, representing debtors, secured creditors, creditor committees, trustees, franchisees, landlords and others.

By:

Bloomberg Law
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