REO Assets: The Perfect Storm - Avoiding the Reefs

Venue: Riverside, California

Camellia Schuk participated in a panel discussion targeted for lenders who have become real estate owners. 

The discussion topics included:  

  • What are the pitfalls of owning a real estate asset that is encumbered by a CFD whose improvements are not complete?
  • Now that the lender owns the property, has stepped into the shoes of the declarant and is the default president of the HOA, what’s next?
  • How to  identify and manage a gauntlet of potential issues – including expiring entitlements, incomplete common areas, delinquent assessments, and warranty and/or defect claims – in order to come out the other side with a residential, industrial-for-sale or office condominium project that pencils?

The program also covered commercial and income REO property issues, relative to leases, subordination agreements/SNDA's, insurance, environmental issues, deferred maintenance, and capital improvements. 

Related Professionals

Related Practice Areas

Jump to Page

By using this site, you agree to our updated Privacy Policy and our Terms of Use.