Real Estate Workouts: Unique Challenges Facing EB-5 in the Wake of COVID-19
July 22, 2020
Join IIUSA next month as we present a special educational webinar to discuss real estate workouts and the unique challenges they present the EB-5 industry in the aftermath of the COVID-19 crises.
The COVID-19 global health pandemic caused abrupt, unprecedented economic shocks around the world. Stakeholders in commercial real estate suddenly find themselves in wholly uncharted territory, reviewing the liquidity needs of their investments, studying existing loan/investment documents, and in many instances, demanding unprecedented relief from lenders.
When these challenges relate to an EB-5 financing, the workout process can become even more complex.
Key Topics:
- What to do first
- Which advisors to call
- Work out negotiations for senior vs. sub vs. mezz vs. pref vs. equity
- Balancing job-creation with loan/investment recovery
- Securities law considerations for issuers
Moderated by:
- Adam Greene, CFO, EB-5 New York State, LLC
Panelists:
- Jessica DeNisi, Senior Associate, Klasko Immigration
- Lance Jurich, Partner, Loeb & Loeb (invited)
- Dave Souders, Vice President, Todd Associates
- Alan Tantleff, Senior Managing Director, FTI Consulting
- Ozzie Torres, Partner, Torres Law