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Top 10 Takeaways: Predictions and Trends for Distressed Assets | Greenberg Glusker LLP


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On January 26, 2021, I participated in a distressed asset panel at the Dressed for Distressed Forum hosted by Commercial Observer along with Aaron Ratner of Empire State Realty Trust, Michael May of Silverstein Properties, and Robert Verrone of Iron Hound Management Company. Fred Berk of Friedman LLP moderated.
We covered several interesting issues, including: (a) the similarities and differences between the current cycle and the great recession of 2008, (b) the impact on lenders and borrowers of COVID-19 and resulting legislation such as the moratoria on evictions and foreclosures, (c) the current CMBS environment, and (d) short- and long-term opportunities. ....

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