New York Real Estate Trends Part 3: Creating Value – Distressed Condominiums and Commercial Conversions

Please join Holland & Knight's Real Estate Practice for the third presentation in our webinar series on New York Real Estate Trends.

Part 3: Creating Value – Distressed Condominiums and Commercial Conversions

In the current economic and financing market, projects that were planned several years ago in a stronger market are having trouble finding buyers. This leads to anxiety among lenders and borrowers nervous about the likelihood that the construction financing will be repaid. As a result, projects are being taken over by lenders or purchased by investors at a discount.

This webinar will explore how these unsuccessful projects can be turned around, completed and sold. Our attorneys have decades of experience advising clients on modifying and remarketing such projects, doing our utmost to help assure that failed or failing projects can be successfully relaunched.

Speakers:

Stuart Saft  |  Partner, Holland & Knight
Rachel Katz  |  Associate, Holland & Knight
Beth Fisher   |  Senior Managing Director, Corcoran Sunshine Marketing Group
Peter Varsalona  |  Principal and Vice President, RAND Engineering & Architecture
Robert Pollack  |  Partner, Marcus & Pollack LLP

More programs in this series:

• Part 1: Adaptive Reuse - Converting Office Buildings to Residential Use
• Part 2: Conversion of Rental Apartment Buildings to Condominiums
• Part 4: Leasehold Condos