News & Events

News & Events

09.21.2010

Postponed Until Further Notice: Maximizing Lender Recovery and Minimizing Risk on Condominium and Residential Projects Held as Collateral or REO Seminar (Portland)

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This event has been postponed until further notice.

Maximizing Lender Recovery and Minimizing Risk on Condominium and Residential Projects Held as Collateral or REO

Financial institutions and other institutional lenders are in the midst of a prolonged process of foreclosing, acquiring and subsequently liquidating a variety of residential projects, including unfinished condominium and single-family developments at various stages of the entitlement process. These often-troubled assets pose unique challenges and risks to lenders. Those risks include permitting and entitlement difficulties, access problems, HOA assessments and compliance, condo defect and marketing liability, priority disputes and a multitude of other unique issues.

Please join our panel of Lane Powell attorneys, along with our guest speaker from Propel Insurance, on Tuesday, September 21, as they address the risks and issues lenders face when enforcing and holding residential development and condominium collateral, and methods to minimize those risks and maximize recoveries.

Agenda:

8:00 – 8:30 a.m. Registration and Breakfast

8:30 – 8:35 a.m. Introduction
Dominic Colletta, Shareholder, Lane Powell PC

8:35 – 9:10 a.m. Loan Enforcement Overview: Foreclosure, Receivership and Deficiency Claims
Bryan Powell, Shareholder, Lane Powell PC

9:10 – 10:00 a.m. Unique Issues and Risks in Condo Foreclosures and REO
Dominic Colletta, Shareholder, Lane Powell PC

10:00 – 10:15 a.m. Break

10:15 – 10:45 a.m. Insurance Strategies and Pitfalls When Foreclosing on Unfinished Condo and Mixed-Use Projects
Max Hanley, Broker, Propel Insurance

10:45 – 11:30 a.m. Residential Developments Held as REO: Resolving Land Use and Real Estate Issues Post-Foreclosure
Jill Long, Counsel to the Firm, Lane Powell PC
John Pinkstaff, Shareholder, Lane Powell PC

11:30 – 11:45 a.m. Questions and Answers

Hilton Portland and Executive Towers
Broadway Room
921 SW Sixth Avenue
Portland, Oregon 97204
For directions, visit the Hilton website.

Cost for this seminar is $40 prepay online; $50 at the door.

Questions? Contact:
Tiffany Rahimian
503.778.2043
rahimiant@lanepowell.com