Commercial Real Estate

Navigating the Uncharted Waters of Commercial Real Estate - Deals or Doom?
Sponsored by Getzler Henrich & Associates LLC
1.0 CLE anticipated / 1.2 CPE credits/ 1.2 CEUs available 
Tuesday, February 23 | 1:30 p.m. - 2:30 p.m. CST

COVID-19 is having a greater impact on commercial real estate than the global financial crisis of 2008. Experts believe that the speed of commercial real estate recovery will largely depend on how long the shutdown lasts. Are investors smart for keeping an eye on the market to purchase distressed properties? Is now the time to swoop? Hear what experts think.

William (Bill) Gallagher, M3 Partners 

Richard Corbi, Corbi Law
Kristin GoingMcDermott Will & Emery LLP
Doug GreenspanA&G Real Estate Partners
Joseph Weissglass, Configure Partners 

About the Moderator:

William (Bill) Gallagher, M3 Partners 

William (“Bill”) Gallagher is a managing director at M3 Partners. M3 is a financial advisor in the restructuring marketplace. At M3, Bill has advised CRE lending REITs and other specialty finance businesses and has helped manage real estate assets in various retail bankruptcy cases. From May 2015 to July 2018 Bill was the CEO at WMIH Corp, the former holding company for Washington Mutual Bank. Bill managed the company and helped execute the acquisition of Nationstar Mortgage Company (NYSE symbol COOP). From March 2009 to May 2015, Bill was the CRO and then CEO at Capmark Financial Corp. Bill managed, worked out and wound down Capmark’s loan and real estate portfolios through and after the great financial crisis and helped take the company in and out of bankruptcy. From 1989 to 2009, Bill was the chief credit officer at RBS Greenwich Capital, a fixed income investment bank active in various forms of corporate, real estate and asset banked finance. From 1985 to 1989 Bill was a VP at First Boston in the credit risk management group and from 1981 to 1984 Bill was a commercial banker at Chemical Bank. Bill has an MBA from NYU and a BS from Syracuse University.

About the Speakers:

Richard Corbi, Corbi Law
Richard J. Corbi is the founder of The Law Offices of Richard J. Corbi PLLC and has been practicing in the areas of distressed investing, corporate transactions, restructuring, litigation, and bankruptcy advice for almost fifteen years.  Richard previously worked at Proskauer Rose LLP and Lowenstein Sandler LLP in New York City and clerked in the District Court for the Southern District of New York and the Bankruptcy Court for the Eastern District of New York.

Richard regularly represents distressed companies, official creditors’ committees, and ad hoc creditor groups in a variety of insolvency scenarios across industries such as printing, sports & entertainment, food and beverage, retail, chemical, healthcare, telecommunications, shipping, oil & gas, and the auto industry. Richard works with hedge funds, private equity firms and lenders to structure and negotiate financing in chapter 11 debtor-in-possession loans, right offerings, sales and acquisitions of companies, and purchases sales of investments.

Richard is a registered mediator in the Bankruptcy Court for the Southern District of New York and the Bankruptcy Court for the District of Delaware and is an adjunct law professor at St. John’s University School of Law.

Doug Greenspan, A&G Real Estate Partners
Doug joined A&G in 2020, bringing over  10 years of real estate experience, including eight during which he focused on restructuring and bankruptcy cases. Over the course of his career, he has  assisted  clients in a variety of sectors—including retail, hospitality, healthcare and recreation-- on  real estate analysis and dispositions as well as mitigation of leased space. Since joining A&G, he has played key roles in  the firm’s real estate advisory work    for Ruth’s Chris and in the  GNC and Tuesday Morning Chapter 11 bankruptcy  reorganizations.

Prior to A&G, Doug was a Vice President at Keen-Summit Capital Partners since 2012, where he specialized in real estate disposition, lease negotiation and bankruptcy sales. Doug earned his MBA from George Washington University with a focus on real estate. Based in New York, Doug is co-chair of the Turnaround Management Association’s NextGen Committee- NYC Chapter, and a member of the American Bankruptcy Institute and International Council of Shopping Centers.

Joseph Weissglass, Configure Partners 
Joseph joined Configure Partners from the Middle Market Special Situations practice at Guggenheim Securities, where he was a Vice President. Prior to joining Guggenheim, he was part of the Global Finance and Restructuring Group at Barclays Capital in New York.

Joseph has focused his career on providing advisory services to middle market companies as it relates to financings, mergers and acquisitions, and restructurings. Joseph graduated with a B.S. in Construction Science and Management from Clemson University and with an MBA from the University of North Carolina Kenan-Flagler Business School. He is a FINRA General Securities Representative (Series 24, 63, 79), and holds the Certified Insolvency and Restructuring Advisor (CIRA) and the Certification in Distressed Business Valuation (CDBV) designations.

Recently, Joseph was recognized by the M&A Advisor as a recipient of the 2017 Emerging Leaders Award.