Managing the Rise in Commercial Real Estate Distress
Update: 2020-06-26
Description
Brian Ward, CEO of Trimont and a member of the Board of Advisors at the NYU Schack Institute and Harvard Business School, joins Sam Chandan to discuss the rise in commercial real estate mortgage delinquencies and what happens when borrowers are unable to make their monthly mortgage payments. They discuss the role of forbearance and the uncertainties confounding the outlook for office, hotel, and retail properties. They conclude the conversation with Ward's observations on the role of industry leaders as mentors for young professionals entering the workforce during a period of crisis.
For more information about the Urban Lab podcast and Dr. Sam Chandan, please visit http://www.samchandan.com/urbanlab.
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