From Watchlist to Workout: Navigating Distress in CRE Lending

Join industry leaders for a practical deep-dive into distressed CRE workouts in today's market. This focused discussion will provide essential knowledge across four critical areas of the workout landscape.

From Watchlist to Workout:
Navigating Distress in CRE Lending

Join industry leaders for a practical deep-dive into distressed CRE workouts in today's market. This focused discussion will provide essential knowledge across four critical areas of the workout landscape.

Expert speakers will examine today's market conditions and trends that are the biggest drivers of distress, while identifying early warning signs others can look for. The panel will also explore what new opportunities are arising out of distressed workouts.

The discussion will contrast how banks, special servicers, and debt funds differ in workout philosophy, timelines, and risk tolerance. Panelists will detail key protective clauses, default remedies, and restructuring tools used by a lender or lender's attorney.

Industry experts will walk through how the workout timeline typically unfolds and what the back-and-forth between stakeholders looks like. The session will examine common endgames (restructuring, discounted payoffs, and other resolution strategies) and explore when stakeholders are more or less likely to compromise.

Moderator:
Lee Cumberland, Associate, Real Estate Department, Paul Hastings LLP

Panelists:
William A. Clarkson, Managing Partner, Special Servicing and Workout Services, Torchlight Investors
Stephanie Forester, Principal, Real Estate Credit, KKR - Kohlberg Kravis Roberts
Christina Hayhow, CCMS, Vice President, Midland Loan Services
Ashesh Parikh, Senior Director, Head of Debt Asset Management, Nuveen