CRE FOCUS: Deep Dive into CRE Distress
With nearly $1 trillion loans set to mature in 2025, distress in commercial real estate has largely been tied to certain characteristics, such as older and multitenant office buildings, senior housing, and New York rent-regulated housing. Join a discussion about where distress is – and isn’t – showing up, and what that means both for existing portfolios and opportunities for new deals in the year ahead.
Speakers
Speakers

Brian Hanson joined CWCapital in February 2006. His responsibilities are focused on maximizing strategic relationships with clients and business partners of the firm and its affiliates RealINSIGHT and RealINSIGHT Marketplace as well as industry constituents. From 1996 to 2006, Mr. Hanson managed the primary and special servicing and asset management functions for CRIIMI MAE’s $19 billion commercial mortgage portfolio. Prior to CRIIMI MAE, Mr. Hanson served as Chief Operating Officer and Portfolio Director for JCF Partners in Lanham, MD, overseeing their $1 billion real estate portfolio. Prior to joining JCF in 1991, Mr. Hanson was Vice President of secondary marketing and syndications for a financial institution and its wholly-owned mortgage banking subsidiary.

John Waldeck is the Head of Real Estate Debt Portfolio for Pacific Life Insurance Company, having joined the company in 1998. In this role, he oversees the combined Commercial, Agricultural, and Residential real estate debt portfolios that make up over $25 billion of Pacific Life’s general account investments. John’s diverse teams manage servicing (internal and external), reporting, construction administration, portfolio risk management, problem asset resolution, investment program guidelines, and underwriting guidelines/resources. John provides the origination teams support for the underwriting, analysis, structuring and closing processes for real estate debt investments. In addition, John assists with the engagement of participation programs, third party sourced investments, and rated real estate investments. John provides expertise to industry regulatory efforts and real estate trade associations. John also directs the development and training for Real Estate staff and provides real estate learning resources for other interested employees.