The Structured-Finance Asset Restructuring and Disposition Webinar September 30, 2009
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Paul Chandler, CEO of Property Sciences, Paul.Chandler@PropSci.com master appraiser, hosted and presented this webinar. Thank you Paul for your valuable insight! Paul’s comments: Real Estate Cycles continue- Expect the economic situation to get worse before it gets better…
Scott Monasch of Barry Slatt Mortgage Company ScottM@Slatt.com
Who’s lending? Life Insurance Companies (Portfolio Lenders), Banks, Credit Unions, Private Money and Equity Funds
$1.4T in commercial debt coming due between 2009-2013, the vast majority of loans will suffer refinancing shortfall at maturity- this will cause a widespread disruption in the US capital markets thus requiring capital to deleverage the commercial real estate industry.
Aidan Dunne partner with KPMG financial Services Group, ADunne@kpmg.com shared a few audit accounting considerations. Aidan indicated that many accounting practices are being reviewed and revisited. One in particular: Loan modifications, new rules forthcoming in Jan 2010! Aidan discussed the difference between Loan Modifications vs. Troubled Debt Restructuring. Contact Aidan directly to ask about Loan modifications for your commercial assets.
To view the entire slide show presentation, please contact Paul Chandler directly. Please advise him how you learned about this webinar. Thank you Paul for your presentation and that of your guest speakers, this was truly timely and interesting information.
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