IMN's Real Estate Workouts Bank & Special Asset - Chicago
This panel session was held at the IMN Real Estate Workouts Bank & Special Asset Chicago seminar in Chicago, Il, September 12-13. The session covered:
- What factors determine your decision to foreclose?
- Comparing judicial and non-judicial foreclosure
- Personnel, entity-level and cross collateral bankruptcy issues
- 363 Sales when in bankruptcy
- Bankruptcy springing recourse
- Bankruptcy reorganization
- Tenant bankruptcy on OREO
- Residential properties
- Deed-in-lieu of foreclosure
- Foreclosure timeframes
- What unusual issues have arisen from taking a property bank in foreclosure or deed-in-lieu of foreclosure?
- Working out Mezz and CMBS vs. Whole loans