Distress in the real estate industry continues to be felt around the world. The liquidity that was once available for residential and commercial real estate projects and financing just a few months ago has evaporated, foreclosures continue to increase and the financial institutions that held the debt associated with the housing boom continue to buckle under the financial strain. A panel of experts specializing in real estate company bankruptcies will discuss the latest problems in this sector, as well as the outlook for the real estate industry.
Rebecca Roof is a managing director at AlixPartners (New York).
Harold Bordwin is a managing director and co-group head of the real estate services team at KPMG Corporate Finance/Keen Consulting (New York).
Prof. Jack Williams of Georgia State University is ABI’s Resident Scholar and a director BDO Seidman LLP.