Which shops structure/workout the most complex debt?
Title says it all. What shops do you all think work on the most structured deals?
Trending Content - Real Estate Forum
| +32 | Are Co-GP development structures successful? | 12 | 23h |
| +19 | Capital Formation/Capital Raising Roles Q | 2 | 1d |
| +19 | How to move from Real Estate to Infrastructure? | 14 | 1d |
| +13 | Multifamily Job Search Advice | 3 | 2d |
| +9 | Insurance company RE investments internship, how is it viewed? | 3 | 20h |
| +5 | TA Realty | 2 | 2d |
| +3 | What Are the Biggest Financial Challenges in Custom Home Construction? | 1 | 5d |
| +3 | UK Capital Raising Environment | 1 | 3d |
| +3 | Wells Fargo RESF | 1 | 16h |
Career Resources
.
I’m quite happy at my job currently for a large developer. The point of this was for general conversation. Your sophomoric comment aligns with that of an angry ib analyst who’s spreading comps or whatever you guys do at 2am. Good luck to you!
.
Distressed loans are generally pretty disbursed through the industry so there aren't that many focused shops around. What you mostly see is places like C3, or the special servicing groups inside of banks. Otherwise a lot of lenders handle in house, but it isn't a full-time job.
I manage a book of around 65 credits. There is 1 distressed deal in my book and I'm doing my own workout. It isn't a focus, but efficient frontier investing would say I should have some defaults or I'm not pushing high enough.
Helpful feedback, thank you. So if this was something I was interested in would you say it’s safe to talk to industry contacts at Midland/Trimont/Key etc.?
The special servicing groups at banks is your best bet. Just know that you are most likely working yourself out of a job.
I think this is impossible to say. But if you look at firms doing highly structured deals. They will have structured workouts. Fortress probably has lots of interesting things going on by way of their highly structured book.
I was thinking some of the hedge funds would have complex deals. Unfortunately I don’t have contacts at those firms
Probably some no name shop in NYC with a pixelized logo from 2006, no web or media presence, and a founder with a terrible haircut that comes from a CMBS desk and still works 75 hours in his mid 50s
Lol this is probably the most accurate comment. Thanks for the feedback
Madison does some highly structured stuff. Only way for a debt fund to get that low/mid teen target irr
Dignissimos nobis rem non excepturi odio ut. Dolorem aut expedita eos iure voluptas. Voluptatem aut eius sit inventore voluptatum voluptatem. Expedita non blanditiis veniam. Eligendi vel ad occaecati laudantium. Eum ut ducimus enim odio incidunt quam aut laboriosam.
Accusantium sit dolor dignissimos beatae provident nihil. Et itaque nihil ratione laborum. Reprehenderit et qui aut quasi alias et.
Commodi aut modi unde at eius. Omnis molestiae voluptas placeat commodi voluptatem repudiandae labore. Placeat sint et molestias commodi. Reprehenderit aut dolores dolorem veritatis aliquam assumenda et. Ut aut vero voluptas quos. Temporibus aut delectus iste facilis quia facilis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...