The COVID-19 pandemic necessitated that wherever possible, companies needed to send their employees home to work remotely — effectively changing the post-pandemic office environment. Commercial real estate has since taken a big hit due to this modification in work culture and is now bracing for a record amount of maturing loans, boosting the prospect of a surge in defaults as property owners are forced to refinance empty or nearly empty office spaces at higher rates.
To address the impending problem of higher vacancies and weakening cash flows affecting many commercial properties, ABI has put together a program to delve into these issues and more: ABI’s first-ever Distressed Real Estate Symposium. You won’t want to miss this timely event.
Optional Event
Golf at Ojai Country Club
Registration Opens
Opening Reception
Sponsored by Allen Matkins
Breakfast and Registration
Welcome
Recapitalization: What Works, What Doesn’t, and Why
This panel will discuss capital providers, sources of funds, life of structures, what happens with defaults (CLO, CMBS, Bank), and what makes for a successful recap without a par transaction/payoff.
Break
Sponsored by Getzler Henrich & Associates LLC, a Hilco Global Company
Hot Topics in Real Estate Cases
This panel will discuss a broad range of topics that arise in real estate-driven bankruptcy cases, including issues for landlords with respect to post-petition lease restructuring and the disposition of personal property by debtor tenants; determining the appropriate cramdown interest rates for different real estate sectors in a volatile interest rate environment; special issues implicated in bankruptcies of hospitality-focused real properties; and the particular challenges involved in restructuring partially developed properties.
Networking Lunch
Keynote Address
Read Dr. Sam Chandan full biography here.
Sponsored by Keen-Summit Capital Partners LLC
Break
Government’s Role in Revitalizing Distressed Real Estate
This panel will focus on ways in which different levels of government can influence and support the revitalization of distressed real estate, from policy, process and funding perspectives. The panelists will discuss opportunities for public and private partnerships, as well as the interplay between state and local mandates and policies, and will share examples of property revitalization projects. The panelists also will explore policies and tools that aim to address housing availability and reduce homelessness.
Break
Property Valuation and Due Diligence
Property valuation is a major issue affecting all real estate asset classes in today’s market, impacting lending and sale transactions, litigation and development transactions. We’ve been here before, but what’s different this time? This panel will address key issues related to valuation, including how far values dropped, and what will drive them up; the assets and asset classes that have been the most impacted by value declines; some of the elements having the biggest impact on values, and why; the techniques most commonly used to value distressed properties in today’s market; and the due diligence best practices for minimizing risks in acquisitions and financing transactions.
Happy Hour in the Orchard
Sponsored by Loeb & Loeb
Breakfast and Registration
Investor Perspectives and Panel Discussions
This panel of experienced investors and advisors will discuss practical considerations, guidance, insights and perspectives on the current market, as well as prospects for investment opportunities in the distressed real estate sector.
Break
Anatomy of a Fall?: Distressed Real Estate Trends and Forecasts for 2024 and Beyond
This panel of business experts will examine post-pandemic trends in the distressed real estate market. The panelists will analyze what is different about this cycle compared to prior cycles — including its impact by asset class — and will provide their predictions on the future of distressed real estate markets, as well as their thoughts on market recovery and potential challenges.
Adjourn
| Early (by 3/22/24) | Regular (3/23/24-4/05/24) | Late (after 4/05/24) | ||
| Symposium Rates | ||||
| ABI Member | $825 | $875 | $925 | |
| Join and Save* | $1,225 | $1,250 | $1,350 | |
| ABI Gov’t/Nonprofit Member | $425 | $475 | $525 | |
| Join & Save Gov’t/Nonprofit Member* | $550 | $600 | $650 | |
| * Includes a one-year ABI membership for first-time members — a $425 value! You must be an ABI member to attend. Membership is individual and nonrefundable. If your membership has expired, select the member rate and add in your membership-renewal fee. | ||||
| Exhibitor Rates | ||||
| ABI Member Exhibitor Registration** | $1,000 | |||
| New ABI Member Exhibitor Registration*** | $1,400 | |||
| Additional Booth Representative | $500 | |||
| ** Includes one 6’ table and full registration for one booth representative. | ||||
| *** Includes one 6’ table and full registration for one booth representative AND a one-year ABI membership (a $425 value!). | ||||
Cancellation Policy
All fees, except a $75 handling fee, will be refunded if written notice of cancellation is received by April 9, 2024. No refunds will be granted after April 9, but substitutions will be allowed. After April 9, upon written request, a coupon for 20% off the registration fee (not including optional events) will be issued, which can be used (by the canceling registrant only) for any ABI educational program up to one year after this conference, or for this same conference next year. Customers who fail to attend without providing notice will be charged the total fee of the conference for which they have registered.
Anti-Harassment Policy
The American Bankruptcy Institute is dedicated to providing a harassment-free conference experience for everyone, regardless of gender, gender identity and expression, sexual orientation, disability, physical appearance, body size, race, age or religion. We do not tolerate harassment of conference participants in any form. Sexual language and imagery are not appropriate for any conference venue, including talks. Conference participants violating these rules may be sanctioned or expelled from the conference without a refund at the discretion of the conference organizers.
Our anti-harassment policy can be found at https://www.abi.org/about-us/bylaws-and-policies.
Location
Ojai Valley Inn
905 Country Club Rd.
Ojai, CA 93023
⬗ To view alternate accommodations, including surrounding hotels, click here [PDF].
Hotel Reservations
Nestled within a rare coastal valley on 220 oak-studded acres, the iconic Ojai Valley Inn offers an abundance of active and peaceful pleasures with a legendary golf course, 31,000-square-foot Spa Village, Artist Cottage & Apothecary, apiary and immersive beekeeping experience, The Farmhouse at Ojai, multiple pools, and seven unique dining outlets with settings that range from fast-casual to poolside to fine dining.
ABI has arranged a special conference rate of $375 per night at the Ojai Valley Inn. Please make your reservations by March 30, 2024 to secure this special rate. ABI cannot guarantee anyone a room after the April 9 cut-off date or after the specially rated ABI block has been filled. You will receive reservation instructions after you have registered for the program with ABI. Third-party reservations (travel agent, web, etc.) do not receive the special rate. Room blocks are limited and will sell out.
A direct booking link will be provided in your registration confirmation, which will automatically take you to the Ojai Valley Inn's website and will have the group information already loaded. If you wish to extend your stay or inquire about a paid room upgrade, please leave a comment on your booking regarding that request, and someone will reach out to you directly to assist. You may also call (888) 697-9116 once you've booked your initial reservation to receive assistance with any adjustments.
Travel
About 70 miles north of Los Angeles and 12 miles off the ocean lies the world-renowned Ojai Valley. Accessible seclusion is what has made this Southern California resort famous for so many years. Los Angeles International Airport, Santa Barbara and Burbank are all easily accessible and offer short transfers to the Inn. See https://www.ojaivalleyinn.com/about/ojai-resort-map-directions.
Dietary Restrictions
Breakfast and lunch will be provided, along with refreshments during breaks. We try to provide a variety of well-rounded offerings. If you have a specific dietary requirement, please bring it to our attention by calling 703-739-0800 or emailing [email protected] so that it can be accommodated.
Conference Attire
Attire is business casual. Please bring a sweater or jacket in case the temperature in the meeting room gets cold.
Disclaimer
Speakers are subject to change.
Program Co-Chairs
Advisory Board
7.25 hours of general CLE credit are pending in states calculating CLE on a 60-minute hour, and 8.5 hours of general CLE credit are pending in 50-minute-hour states. Credit hours granted are subject to each state’s CLE credit-approval regulations and might not be approved prior to the program.
CPE credit is NOT AVAILABLE for viewing on-demand recorded sessions.
The American Bankruptcy Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors for Group Live (live in-person) programs. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org.
- Recommended CPE credits and field of study: Specialized Knowledge, Finance and Accounting
- Program attendees can earn up to 8.5 hours of CPE credit
- Prerequisites: There are no prerequisites.
- Advanced preparation: None
- Program level: Intermediate
- Delivery method: Group Live
How to request CPE credit: To request CPE credit for your participation (and obtain a certificate of completion), you will need to complete an ABI Attendance Affidavit, which is available at the end of the entire conference after we have verified your attendance. To receive CPE credit, please click "+ Add Accrediting Agency" and select NASBA (National Association of State Boards of Accountancy).
NOTE: All attendees seeking CPE credit must sign in and sign out. You may only claim credit for sessions within the period between your sign-in and sign-out; credit will be adjusted or modified accordingly.
You will receive a personalized link to submit your Attendance Affidavit via email within 7 business days of the last day of the conference. If you do not receive this email by then, please contact [email protected].