230. As Distressed Assets Pile Up, Shlomo Chopp Tells Us How to Look for Opportunities

In this special guest episode, we are joined by Shlomo Chopp, Managing Partner of Terra Strategies and distressed debt expert. We analyze the state of the CRE and CMBS markets. Shlomo explains workouts, the distressed narrative in the current environment, the state of the office market, and even shares some optimistic takeaways. Tune in now. Episode Notes: - Starting out in real estate (0:57) - First distressed deal (2:20) - How the distressed process works (4:19) - Preventable mistakes that borrowers make (8:29) - Distress narrative in the current market (11:54) - Investing in CMBS distress (15:45) - What is driving the increase in office delinquency rate? (18:30) - Cause for optimism in the market? (21:50) - Will the office space follow malls? (27:06) - Shlomo on social media (30:25) - New version of retail (32:27) - Heads up for next year (39:31) Please take our listener feedback survey: www.surveymonkey.com/r/BMPXLHG Questions or comments? Contact us at podcast@trepp.com. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp Facebook: www.facebook.com/TreppLLC