Facilitated by:
John Barrickman, President, New Horizons Financial Group
Commercial real estate (CRE) lending has been significantly impacted by disruption fostered by changing technology. This disruption has resulted in dramatic changes in the types of income property and space required for specific income properties to support the economy. The COVID-19 virus has only accelerated the impact of that disruption.
The events of the last ten months will fundamentally change the economy with dramatic impact on the performance of income properties, e.g., hospitality, office and multifamily. John Barrickman will lead you through the factors potentially impacting your bank’s portfolio and share the steps your bank should be taking now to continue to reduce potential portfolio credit problems and continue to thrive.
Topics to be addressed in this session include:
- Regulatory concerns prior to COVID-19
- Lessons to be learned from prior credit crises
- Assessing the impact of market disrupters
- Changes in accounting treatment of operating leases
- Pending phase out of LIBOR
- Market monitoring
- Borrower and portfolio stress testing