SUCCESSFUL REAL ESTATE LOAN WORKOUTS: THE BASIC BLUEPRINT
This program will provide an introduction to the fundamental legal and business issues that arise in real estate workouts from both the debtor and creditor perspectives, and will offer a step-by-step method for evaluating and pursuing a loan workout. The panel will review when a workout may be an appropriate strategy to resolve a loan default, the alternatives to a workout, actions that both debtors and creditors should take to increase the chances of a successful workout, and how such a loan workout is accomplished and implemented.
MODERATOR
Susan Booth, Partner
Holland & Knight LLP
Susan Booth heads Holland & Knight’s West Coast Real Estate Group. She counsels banks, institutional/pension funds, and REITs on secured lending transactions, workouts, REO management, and purchase/sale transactions. Her writings have been featured in California Real Estate Journal, California Lawyer, Southern California Real Estate, Distressed Real Estate Newsletter, California Centers Magazine, and other distinguished publications. MORE>
PANELISTS
Patricia Bartlett, Vice President of Asset Management
Resmark Equity Partners, LLC
Patricia Bartlett is vice president of asset management for Resmark Equity Partners, LLC and, in that capacity, is responsible for managing debt, equity, and wholly owned investments. Ms. Bartlett has extensive experience in asset management, development, and finance for residential and commercial properties as a lender and a developer, and specializes in deal restructuring and workouts.
Lewis Feldman, Partner
Goodwin Procter LLP
Lewis Feldman is a partner in and chair of Goodwin Procter's Los Angeles office, specializing in the intersection of public finance and real estate capital. His experience includes handling $75+ billion in debt and equity financing, affordable housing and community development, corporate and securities finance, REITs, and real estate capital markets. He is a member of the firm's national executive committee and head of the Public/Private Development Practice. MORE>
Gregg Loubier, Partner
Allen Matkins Leck Gamble Mallory & Natsis LLP
Gregg Loubier is a partner at Allen Matkins Leck Gamble Mallory & Natsis LLP. He has extensive experience in real estate finance and general real estate and business matters. His practice focuses on real estate financing and other credit facilities including mezzanine financing, participated credits, and intercreditor agreements. Mr. Loubier also specializes in the purchase and sale of real estate assets and mortgage loans, general loan servicing matters, and workouts and foreclosures of distressed loans. MORE>
Scott McPhee, Partner
Morrison & Foerster LLP
Scott McPhee is a partner and a member of the firm's Real Estate Practice Group. Mr. McPhee's practice covers a broad range of real estate and finance transactions, including representing borrowers and lenders in traditional first mortgage financing, mezzanine and other subordinate loans, syndicated credit facilities, loan repurchase and warehouse facilities, and construction lending. MORE>
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This program will provide an introduction to the fundamental legal and business issues that arise in real estate workouts from both the debtor and creditor perspectives, and will offer a step-by-step method for evaluating and pursuing a loan workout. The panel will review when a workout may be an appropriate strategy to resolve a loan default, the alternatives to a workout, actions that both debtors and creditors should take to increase the chances of a successful workout, and how such a loan workout is accomplished and implemented.
MODERATOR
Susan Booth, Partner
Holland & Knight LLP
Susan Booth heads Holland & Knight’s West Coast Real Estate Group. She counsels banks, institutional/pension funds, and REITs on secured lending transactions, workouts, REO management, and purchase/sale transactions. Her writings have been featured in California Real Estate Journal, California Lawyer, Southern California Real Estate, Distressed Real Estate Newsletter, California Centers Magazine, and other distinguished publications. MORE>
PANELISTS
Patricia Bartlett, Vice President of Asset Management
Resmark Equity Partners, LLC
Patricia Bartlett is vice president of asset management for Resmark Equity Partners, LLC and, in that capacity, is responsible for managing debt, equity, and wholly owned investments. Ms. Bartlett has extensive experience in asset management, development, and finance for residential and commercial properties as a lender and a developer, and specializes in deal restructuring and workouts.
Lewis Feldman, Partner
Goodwin Procter LLP
Lewis Feldman is a partner in and chair of Goodwin Procter's Los Angeles office, specializing in the intersection of public finance and real estate capital. His experience includes handling $75+ billion in debt and equity financing, affordable housing and community development, corporate and securities finance, REITs, and real estate capital markets. He is a member of the firm's national executive committee and head of the Public/Private Development Practice. MORE>
Gregg Loubier, Partner
Allen Matkins Leck Gamble Mallory & Natsis LLP
Gregg Loubier is a partner at Allen Matkins Leck Gamble Mallory & Natsis LLP. He has extensive experience in real estate finance and general real estate and business matters. His practice focuses on real estate financing and other credit facilities including mezzanine financing, participated credits, and intercreditor agreements. Mr. Loubier also specializes in the purchase and sale of real estate assets and mortgage loans, general loan servicing matters, and workouts and foreclosures of distressed loans. MORE>
Scott McPhee, Partner
Morrison & Foerster LLP
Scott McPhee is a partner and a member of the firm's Real Estate Practice Group. Mr. McPhee's practice covers a broad range of real estate and finance transactions, including representing borrowers and lenders in traditional first mortgage financing, mezzanine and other subordinate loans, syndicated credit facilities, loan repurchase and warehouse facilities, and construction lending. MORE>
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