Restructuring Real Estate When Assumptions Change

Valuing real estate increasingly means forecasting industries that may look very different a decade from now. Cynthia Nelson (FTI Consulting) joins Richard K. Green (USC Lusk Center for Real Estate) to discuss the forces reshaping commercial real estate, from distressed debt and refinancing challenges to the future of entertainment production, data centers, and California's economy. Drawing on her experience in restructuring, Nelson explains how investors, lenders, and owners find solutions when markets shift faster than expectations. Highlights include: - Revisiting the aftermath of Southern California's aerospace downturn in the 1990s - How workouts and restructurings help lenders and borrowers find common ground - Why some multifamily properties face refinancing challenges despite strong occupancy - California's extraordinary investment potential, despite its affordability and governance challenges - Where investors are beginning to see opportunity in distressed office assets and commercial real estate debt More: https://lusk.usc.edu/perspectives