2022 TMA Distressed Investing Conference

From the 2022 TMA Distressed Investing Conference

Vikram Mansharamani is a global trend-watcher who shows people how to anticipate the future, manage risk, and spot opportunities.

Vikram has been a...

Why Mixed-Use Real Estate Owners Should Detail  All Factors Contributing to Their Distress
For owners of retail and mixed-use real estate facing distress, it is tempting to blame their economic woes solely on the COVID-19 pandemic. This explanation is attractive because it leaves them blameless, is seemingly self-evident, and does not compel them to justify their past actions or explain...
Meeting Customers’ Shifting Expectations Is the Next Big Retail Real Estate Restructuring Challenge
For the past decade, much has been written about the transformation of retail—specifically, what it implies for the future of traditional brick-and-mortar retail. The prime driver of this disruptive force has been the evolution of omnichannel retail, which is rapidly changing consumer expectations...
Retail, Real Estate & COVID-19: Pandemic Workouts & Predictions for the New Normal
The onset of the COVID-19 pandemic was too much for many businesses to bear. In the words of Warren Buffet, “Only when the tide goes out do you discover who's been swimming naked.” When the tide went out in March 2020, restructuring demands were exacerbated for certain real estate players. The...
Hopeful Signs and Dire Omens: The Complex Calculus of Real Estate Optimization
With fiscal Q4 now underway, turnaround and restructuring professionals could be forgiven for feeling somewhat ambivalent—or even confused—about the state of key components of the American economy. After all, the news—both macroeconomically and in specific sectors such as office, retail, or family...
COVID-Induced Surge  in Housing Demand  Continues to Impact Commodity Wood Pricing
Since early 2020, the market for commodity wood products has witnessed greater price volatility than at any time in the last 25 years. A confluence of historic events—COVID-19, surging demand, and supply chain disruptions—has led to once-in-a-generation swings in commodity prices. While prices have...
Leader Board: Jeffrey C. Hampton
Greetings, and welcome to my last official piece as Global Chair for this publication. Trust me, the quality of writing every other month is about to vastly improve! I hope each of you were able to enjoy The TMA Annual in Nashville. The near-record turnout was especially impressive given the COVID...
As Global Crisis Unfolds, TMA Membership Is a Necessity
As we close out the year of certain uncertainty, I want to offer a retrospective on where we were to where we have come this past year, along with the story of our reinvention at TMA. The first phase of our reinvention was what we called our “pivot with purpose.” The pivot meant we would have to be...
JCR Guest Editor
While I was writing this guest editor’s column for the Journal of Corporate Renewal , two large Chinese real estate companies, China Evergrande and Modern Land, were making headlines as potential restructurings. Is this a sign that there will be broader implications across the global economy? The...
IMPACT 2020: The TMA Annual Experience

From IMPACT 2020: The TMA Annual Experience

The larger universities may get banged up a little, but smaller colleges and universities were struggling before COVID-19; what will happen now? How is cash flow impacted? What is happening to dorms without any students living...