"Stephen Meister has written an insightful and comprehensive book that explains what happened during the financial crisis and offers possible solutions to what we're facing now. Commercial Real Estate Restructuring Revolution is a fast, concise read and it's recommended reading— no matter what your business may be."
— DONALD J. TRUMP Chairman and President, Trump Organization
"Stephen Meister has a profound understanding of the world of real estate. Anyone who doesn't read his book will be operating without the benefit of Meister's penetrating insights. His book casts a bright light into many of the dark corners of our real estate economy and untangles complex governmental issues. Now he has put his vast knowledge into a readable, cogent, and exciting book. I strongly recommend it."
— LARRY KUDLOW Noted Economist, Founder and CEO, Kudlow and Company, LLC; CNBC Host, The Kudlow Report
How to Plan for the Impending Tsunami of Commercial Real Estate Foreclosures
As bad as the housing bubble was to the economy, the impending tsunami of commercial real estate (CRE) foreclosure and bursting of the CRE bubble has the potential to be even worse. And, unfortunately, it's coming sooner than most people realize. In Commercial Real Estate Restructuring Revolution, nationally recognized real estate expert and lawyer Stephen Meister details how we got into this mess (again), what to expect and when, how to prepare for the crash, what government can do and what it shouldn't, and what can be done in the future to avoid further real estate bubbles.
Acknowledgments.
Chapter 1 The Housing Bubble.
Chapter 2 The Bubble Implodes.
Chapter 3 Capital Markets Supporting U.S. Commercial Real Estate.
Chapter 4 CRE Values and Loan Defaults.
Chapter 5 Putting Off the Day of Reckoning.
Chapter 6 Tranche Warfare.
Chapter 7 Loans to Own and Chilling the Bid.
Chapter 8 Funding Cessations and Extension Fights.
Chapter 9 Bankruptcy Considerations.
Chapter 10 Multifamily Market.
Chapter 11 Governmental Actions Caused the Affordable Housing Crisis.
Chapter 12 Governmental Reactions to the Housing Crisis.
Chapter 13 Assessing Blame for the Financial Crisis.
Chapter 14 The Centerpiece for Real Reform.
Chapter 15 Other Areas Requiring Reform.
Notes.
About the Author.
Index.
