the premier network for commercial mortgage banking professionals in LA

LAMA LUNCHEON – Wednesday, March 27

PANEL DISCUSSION: The Upside of Distressed Debt

Financing Opportunities with Distressed Assets featuring Special Servicers and Special Assets Officers

MODERATOR: Bill Bernfeld, Akerman

PANELISTS:

Cliff Rooke

Managing Director, BMO

Scott Chaplan

Chairman & CEO
Del Rey Urban

Jack Jacob

Senior VP Special Servicing
SitusAMC

Darren Cline

Managing Director
Terracotta Group

Tony Yousif

Managing Director
SVN

EVENT SUMMARY
A few weeks ago, LAMA hosted a luncheon focused on Distressed Assets. The room was absolutely packed, and we all gathered around the speakers waiting to hear which markets were in the most trouble. Was it Stockton? Oakland? South Los Angeles? Definitely San Francisco…

It turns out that California, relatively speaking, is fine. Investors who fled the state looking for better cashflow and less regulation are finding out that the grass isn’t greener, and it’s muddy.

While our banks are slowly coming back onto the scene, those in other states are still grappling with diminished performance across their portfolios. Ultimately, they’ll likely have to sell their assets at cost, and it will be a heyday for investors looking to purchase an office in places like Missouri. READ MORE

Are you a commercial mortgage lender or broker? Would you like to connect with LAMA? Please join our LinkedIn group here:

Questions can be forwarded to LAMA Co-chair, Daria Walker, DRE # 01975398  (925) 325-6033

LAMA (Los Angeles Mortgage Association) is an organization of Commercial Mortgage Bankers, Lenders, and Brokers, dedicated to providing regular, local networking opportunities for members of the Los Angeles Commercial Mortgage Finance community. Come see why LAMA is LA’s premier commercial real estate finance networking opportunity.  Sponsorship opportunities are always available.

Many thanks to our annual sponsors for making our programs affordable.

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