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

Grand Hyatt