September 26, 2024
On Thursday, September 26th, Saiber's Randi Schillinger will participate in a panel discussion entitled "A Banker’s, Attorney’s, Broker’s and Investor’s Perspective to the State of the Distressed Real Estate Market" at the Mid Atlantic Real Estate Journal's 10th Annual Capital Markets Conference. The panel will discuss:
- What asset classes have experienced the greatest increase in loan defaults, foreclosures, receiverships, and bankruptcies? What is the projected trend, and how has the market adapted?
- What are the often-overlooked opportunities presented when foreclosure proceedings are commenced, and receivers or other agents are judicially appointed?
- What factors are likely to be considered when a lender evaluates whether to institute foreclosure proceedings, appoint a rent receiver, or pursue other loss mitigation measures?
- In addition to interest rates, what other factors contribute to whether an asset is considered “distressed” in the current market?
- Has the time to complete for judicial foreclosures been affected by the increase in default rates, and if yes, to what extent?
- Are you seeing an increase in loan assumptions, extensions, and modifications, and what does that process look like?
- NJ compared to NY – how do the trends differ for distressed, value-add properties?
- Focusing on CMBS – what does the pipeline look like for defaults over the next 24 months? Will we see distressed assets brought to market as a result? Who is the buyer of these assets?
