News
SORRY, STOCKBROKERS
August 17, 2011
| With fixed-income securities and lending offering modest returns, investors, particularly larger private equity firms, have raised money to place in distressed assets, says FTI Consulting managing director Glenn Brill, a panelist at our Distressed Phase II: Secondary Loan Market event tomorrow. Be a part of it! |
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| But depending on their investment criteria, some aren’t finding the right product or deep-enough discounts yet, says Glenn (left, moderating a previous Bisnow event). Banks are selling debt, but the larger money center banks are prepared to selectively foreclose or work out a loan toward its highest recovery value. But other banks—particularly foreign ones—want to start sending money home and may start clearing their balance sheets. Bisnow has gathered the best panelists to tell you where the opportunities are. Join Glenn and Square Mile Capital’s Craig Solomon, LoanCore Capital’s Mark Finerman, Rialto’s William Landis III, Dune Real Estate Partners’David Oliner, Eastdil’s Nicholas Seidenberg, and Katten Muchin Rosenman’s Tim Little tomorrow at the Harvard Club to find out the latest. Plenty of coffee and schmooze time, too! Now’s your last chance to register. |
