Saving the mini-Macklowes: What’s the best way to work with smaller portfolio owners who have multiple buildings underwater and in trouble?

May 1, 2010 – Media Mention
The Real Deal

Neil Shapiro describes what property owners can do when part of their commercial real estate portfolio is troubled and part is performing. He notes that the most important factor is the capital stack of the portfolio and each property, and says owners who own properties with a single loan are most vulnerable because lenders then have more leverage.