Working Through Special Assets

Commercial loans are under considerable stress from the sustained high-interest rates. Projects that were underwritten in a 4.75% environment are struggling in a 7.50% environment. When financing and buyers are not available, commercial real estate end-users are harder to come by. As a result, lenders are seeing payment defaults in addition to covenant defaults. Through this webinar, members of Phelps’ Banking and Financial Institutions Team will walk through the lifecycle of a “Special Situation” credit. We will break down:

• • Pre-negotiation and forbearance agreements
  • Loan enforcement
  • Collateral realization
  • Receivers
  • When and how to pursue guarantors and borrowers
  • Guarantor bankruptcy
  • DIP financing
  • Section 363 sales

This webinar is ideal for commercial lenders and special assets officers.

If you missed this event, you can view a recording here.

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