Resolute and Quarles and Brady recently hosted a roundtable to discuss insights and challenges concerning the workout environment today and how organization are addressing those issues. Navigating the Lending Landscape roundtable was an intimate, open-discussion assembly of special asset and commercial lending bank officers exchanging healthy perspectives and broadening the dialogue in their industry. The roundtable was co-moderated by Jeremiah Foster of Resolute and Brian Sirower of Quarles and attended by seven regional bank executives. “There is a growing concern in the economy and we wanted to provide a platform for SAG officers to share and discuss developing trends in their industry,” said Jeremiah Foster, principal of Resolute.
Notable Takeaways
- Relatively clean portfolios, especially in Commercial Real Estate, as of Q4 2015
- New loans that were transferred into the Special Assets Group in Q1 2016 were of significant volumes from the previous year’s numbers and the majority of them are Commercial and Industrial businesses
- Factors that can possibly affect the industry as it influences the overall economy are: government regulation, the upcoming election, and overall worldwide events occurring in China and Germany.
The roundtable was held on March 16 at the Arizona Country Club. If you are interested in attending a future roundtable or would like to suggest a possible roundtable topic, please contact us at info@resolutecommercial.com.