« Back 4Q09 Perspective: Where Does the Commercial Real Estate Industry Stand Today... and Tomorrow?

November 17, 2009

4Q09 PERSPECTIVE

Tuesday, November 17, 2009
Doubletree Hotel Cleveland S.
6200 Quarry Lane
Independence, OH 44131
7:30 am Registration & Continental Breakfast
8:00 am - 12:00 pm General Session

Register online

PROGRAM

Speakers Include:
Eric Anthony Johnson, Cleveland Cuyahoga County Port Authority Development Finance Authority
Larry Hirsh, RSM McGadrey
Edward Leader, Taft Stettinius & Hollister LLP
John MacFarland, Resource Title
Bruce Lowe, Taft Stettinius & Hollister LLP
Dave Tavolier, Taft Stettinius & Hollister LLP

Importance of Tax Planning - Get Cash in Your Pocket Now, Reduce Risk and Maximize Lower Asset Values

  • Maximize federal and state tax refunds
    • Carryback of net operating losses
    • Investment in energy property
    • Tenant improvements related to terminated leases
  • Tax issues related to debt forgiveness
  • Tax ramifications of walking away
  • Take advantage of lower asset values
    • Estate/succession planning
    • S Corporation elections

Strategic Insight to Doing Business in Today’s Market

  • Owner/Developer
    • Questions as to how they are positioning themselves in the market with portfolio
    • Obstacles to investments – how to get it financed
    • Restructure of current debt issues
  • Receiver/Broker/Atty
    • Questions regarding asset disposition process
    • Obstacles to rapid sale
    • Strategies for lenders/attorneys for rapid asset disposition
  • Cost Segregation analysts
    • Questions on debt restructure strategies
    • Creating new value for lender – how to pull added value out of marginal loans
    • Creating new value for owner enhancing reset or sale

What Lenders are Doing with Distressed and Under Performing Properties and Loans

  • Bank originated loans: what is being held and what types of loans are being sold
  • What is the current volume of under performing loans and in what product types
  • The impact of foreclosures on lenders, communities and consumers
  • When are banks getting active on problem loans
  • Who is a source of financing today
  • Senior mezzanine relationship and inter-creditor issues on distressed projects, how to work with participating banks
  • Mezzanine lenders as equity holders – what are they stepping into

Legal Strategies and Consideration for Distressed and Foreclosed Projects

  •     The foreclosure process – how it works
  •     Foreclosure and mechanics lien litigation
  •     Lender and borrower rights during redemption
  •     Navigating title issues
  •     Short sales and redemption from foreclosure
  •     Commercial vs. residential foreclosure issues

Spotlight: Cleveland's Future & Relocation of the Port

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