Strategies for Surviving the Depressed Home Construction Market

24 April 2008

Foley attorneys William J. McKenna and Jill L. Murch will co-present on a live teleconference hosted by Lorman Educational Services, April 24, 2008 from 1:00 p.m. – 2:30 p.m. Eastern Time.

Today’s headlines are replete with references to challenges encountered in residential real estate, including the fall out not only to home builders, but related industries who support and rely upon a thriving construction industry. Unlike prior downturns in the home builder market, this downward cycle has witnessed an unprecedented tightening of the credit markets which has only served to exacerbate the problem. However, new and emergency opportunities exist to survive the current economic landscape, including access to alternative sources of capital through hedge fund and private equity activity, increased access to foreign investors, merger and acquisition activity, workouts involving loan to own transactions, strategic bankruptcy considerations, and alternative arrangements with various creditors and diverse constituencies. You will learn how to identify and tap these opportunities.

Topics include:

Recent Trends and Forecasts
Strategies for Managing Leverage and Liquidity Issues in a Tightening Credit Market
- Merger and Acquisition Activity
- Land Banking
Managing Liquidity, Recapitalization and Restructuring, Access to New Capital
Workout Options and Bankruptcy Considerations