Five Star Institute Hosts First-Ever Commercial Default 360 Forum

Key Distressed Asset Stakeholders Convene to Address Commercial Real Estate Challenges

Jan 13, 2010, 09:57 ET from The Five Star Institute

DALLAS, Jan. 13 /PRNewswire/ -- The Five Star Institute (FSI), an education provider that offers professional guidance and a specialization in working with defaulted real estate, will host its first Commercial Default 360 event April 5-7 at the Sheraton Hotel in downtown Dallas. The conference provides a forum for mortgage default servicing professionals to collaborate with high-level players from the commercial real estate sector, to address the challenges the market faces in the wake of rising delinquencies, complex commercial mortgage restructurings, looming foreclosures, and swollen portfolios of repossessed assets.

The consensus among analysts is that the commercial real estate sector will continue its downturn through 2010 and under the most favorable conditions, hit bottom and begin a slow trek upward by 2011. Along the way, financial institutions will be moving to clean up their balance sheets, whether that means modifying troubled loans or aggressively disposing of financially distressed assets. Within this scenario, investors will find tremendous opportunity.

According to Andi Zimmerman, president of The Five Star Institute, Commercial Default 360 will provide the solution-driven exchange and deal-making potential to meet the challenges of this pivotal era head-on. "The commercial real estate sector still has a long road ahead to recovery, but with the right tools in place, default servicing professionals can help drive the industry to stability and growth," Zimmerman said.

By connecting key distressed asset stakeholders, Commercial Default 360 offers a backdrop against which solutions and strategies can be crafted to lessen the impact of the commercial real estate downturn for all industry participants -- lenders, servicers, investors, borrowers, asset managers, legal representatives, and government agencies.

Helping to bring this global convergence together as a key sponsor of the event is Hudson & Marshall, one of the nation's leading real estate auction firms. Also signing on as the media sponsor is the industry's foremost provider of news and analysis on real estate finance and securitization, Commercial Mortgage Alert.

The Five Star Institute was founded in 2005 as an independent service provider that exists to address an industry-wide need for standardization and education within mortgage default servicing. To learn more about the FSI's Commercial Default 360, visit or contact

SOURCE The Five Star Institute