Exploring the intricate process of handling borrower defaults and asset ownership, this chapter provides insights into managing multifamily properties post-default. Speakers stress the importance of borrower track records, the benefits of working with borrowers on solutions, and the profitability that can arise from selling properties. Additionally, the discussion delves into strategies for building and monetizing assets, emphasizing the significance of selecting sponsors with a focus on downside risk and capital preservation.
It's Deconstruct Live! at The Real Deal's New York Forum. Fortress' Steve Stuart, Benefit Street Partners' Mike Comparato and Urban Standard Capital's Seth Weissman talk bank failures, distressed note buying and lending demand in a live taping of Deconstruct.