Tuesday, August 4th, 2020

12:00 PM ()
Special Assets Update: Beyond Forbearance, What’s Next?

• REGISTER HERE With 90-day forbearance coming to a close for most eligible borrowers, banks are encountering new challenges with PPP loans obtained by their customers. The need for creative solutions has never been more critical, and with an uptick in workouts, auctions, bankruptcies and receiverships looming, IMN is pleased to offer the next installment of the Bank Special Assets & Credit Officer Insights webcast series. We invite you to join us on August 4 at 12PM ET for a webcast and interactive Q&A detailing the range of strategies bankers are employing to meet their borrowers’ evolving needs and stabilize their balance sheets. Discussion topics include:

  • Foreclosures & Workouts
  • Litigation
  • Collections & Enforcements
  • Receiverships
  • Auctions/Disposition Strategies
  • Turnarounds
  • Distressed Acquisitions – Where Are the Opportunities?

  
  
  

Buyers, What’s In Your Pipeline?

• • What types of assets are you buying right now? What sectors present the best opportunities for long-term growth, and which are you avoiding?
  • What kinds of pricing are you seeing for discounted sales? Are there opportunities where banks are selling assets for cents on the dollars?
  • Which important tax considerations are often overlooked in distressed asset transactions?
  • How do you negotiate with banks of varying size and reach? Are you partnering with non-bank lenders? What unique challenges and opportunities does each type present?

  
  
  

Distressed Asset Dispositions & Auctions

• • What does the auction market for distressed property notes look like?
  • What liability issues do you expect to arise with auctions? Where are the next opportunities?
  • How does the opportunity set compare for OREOs?
  • Which important tax considerations are often overlooked in distressed asset transactions?
  • What have you learned from deals that fell through? What are some recent successful deals you’ve done?

  
  
  

Emerging Opportunities in Receivership

• • How does receivership activity vary by region and submarket?
  • What are some of the lesser-known challenges, and keys to success, in executing receivership deals?
  • What is your forecast for bankruptcy filing rates and receiverships for the rest of the year, and in 2021?
  • What kinds of receivership deals are you encountering?

  
  
  

Key Considerations in Collections, Litigation & Workouts

• • What solutions are you employing after forbearance? To what extent have you shifted from forgiveness or deferment to foreclosures and loan sales?
  • When forbearance does not suffice, what are next steps to achieving a more complex workout?
  • What long-term impacts do you anticipate arising from recent government stimulus programs?
  • What are key considerations when working with lenders vs. special servicers vs. collections agencies?
  • What do buyers and sellers of distressed assets or notes need to know about agreement terms, and COVID-19-related considerations such as force majeure, MAC clauses, etc.?
  • What are the top legal considerations for foreclosures and loan workouts and resulting from the pandemic?
  • What do first-time distressed asset buyers need to bring to the table if they are looking to close in the near future?

  
  
  

Changing Practices in C&I and SBA Lending

• • How are customer needs changing for borrowers of C&I and SBA loans?
  • By submarket, what trends are you observing in lending activity?
  • How may regulatory changes impact the outlook for C&I and SBA lending? What risks are on the horizon?
  • How do you negotiate with banks of varying size and reach? Are you partnering with non-bank lenders? What unique challenges and opportunities does each type present?
  • How are relationship lending practices affecting the growth of C&I originations by smaller, regional and community banks? How does this differ for large banks?