Katten Muchin Rosenman LLP will serve as sponsor at the 8th Annual US Real Estate Opportunity & Private Fund Investing Forum on May 29–30, 2007 at the Grand Hyatt in New York. Partner Timothy G. Little will serve on the panel "Exploring Structured Finance, Mezzanine Funds & Real Estate CDOS" on May 30 at 2:30 p.m. for session C. The discussion panel will cover topics, including:
- Why amortization needs to come back into the market
- Leverage vs. maintaining control rights
- Structuring reserves for debt service/re-tenanting costs
- B-Notes vs. mezzanine debt: Which is better?
- Preferred equity as an asset in a CDO
- What structural issues are involved in mezzanine deals?
- Who are the lenders? Who are the borrowers? Who are the investors?
- Evaluating inter-creditor agreements
- Preferred equity: When is it preferred? Common preferred equity structures
- Investing in mezzanine vs. equity
- Real estate CDO?
- Why Use a CDO?
- What are the risks?
- What are the returns?
- What are the associated legal and tax issues?
- Property derivatives
- Synthetic CDOs