the premier network for commercial mortgage banking professionals in LA
LAMA LUNCHEON – Wednesday, March 27
PANEL DISCUSSION: The Upside of Distressed Debt
Financing Opportunities with Distressed Assets featuring Special Servicers and Special Assets Officers
MODERATOR: Bill Bernfeld, Akerman
PANELISTS:
Cliff Rooke
Managing Director, BMO
Scott Chaplan
Chairman & CEO
Del Rey Urban
Jack Jacob
Senior VP Special Servicing
SitusAMC
Darren Cline
Managing Director
Terracotta Group
Tony Yousif
Managing Director
SVN
EVENT SUMMARY
A few weeks ago, LAMA hosted a luncheon focused on Distressed Assets. The room was absolutely packed, and we all gathered around the speakers waiting to hear which markets were in the most trouble. Was it Stockton? Oakland? South Los Angeles? Definitely San Francisco…
It turns out that California, relatively speaking, is fine. Investors who fled the state looking for better cashflow and less regulation are finding out that the grass isn’t greener, and it’s muddy.
While our banks are slowly coming back onto the scene, those in other states are still grappling with diminished performance across their portfolios. Ultimately, they’ll likely have to sell their assets at cost, and it will be a heyday for investors looking to purchase an office in places like Missouri. READ MORE…
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Questions can be forwarded to LAMA Co-chair, Daria Walker, DRE # 01975398 (925) 325-6033
LAMA (Los Angeles Mortgage Association) is an organization of Commercial Mortgage Bankers, Lenders, and Brokers, dedicated to providing regular, local networking opportunities for members of the Los Angeles Commercial Mortgage Finance community. Come see why LAMA is LA’s premier commercial real estate finance networking opportunity. Sponsorship opportunities are always available.