The COVID-19 pandemic has had an impact on almost every business sector in the United States. However, commercial real estate is the one area that has not only felt the impact, it may feel the after effects once the impact subsides. With certain offices...
Arizona Mark D. Kennedy Atlanta Jordan A. Davis Leanne Gould, Gould Consulting Services Jeff Miller, Valbridge Property Advisors California - Northern Omar Azabi, University of San Francisco Mauricio Grande Scott Pinkner, Donnelley Financial Solutions (DFIN) William Wright, Shea Labagh Dobberstein...
Welcome to TMA Talks, a regular series of podcasts. Each segment features prominent TMA members, industry experts, and other special guests. These exchanges, edited transcripts of which are printed in the JCR , offer insights into key markets, forward-thinking economic outlooks, insider thoughts on...
Q: How did you gravitate into turnaround/restructuring work? BISE: Early in my career, I was a commercial banker, and then I worked with a couple of small venture capital funds. In each of those settings, I had occasions to work with distressed firms. At the time I was leaving my last regular job,...
When a company is in a crisis, it needs to make sure it has a board that can meet the task. Some crises develop over time due to shifting markets, deteriorating profitability, or lack of access to capital. As is happening today, the other form of crisis can be characterized as a “Grey Rhino” event...
By the spring of 2020, Red, the Steakhouse, in Miami Beach was thriving, poised to capitalize on its success and further expand its brand. With a prime location in the city’s fashionable South of Fifth (SoFi) neighborhood, the restaurant boasted a 198-seat main dining room; a 16-person, glass-...
The COVID-19 pandemic hit the world unexpectedly and caused what is expected to be one of the biggest global economic crises in history. One of the hardest hit branches is the automotive industry, a crucial sector for many national economies, including the Czech Republic, a small country of 10.6...
The economic impact of the COVID-19 crisis has placed everyone in uncharted waters. Conversations with senior management have shifted from acquisitions, turnarounds, and hypergrowth scenarios to the consequences of shelter-in-place orders and their impact on businesses. Obviously, the impact varies...
The coronavirus outbreak has impacted the hospitality industry disproportionally more than other industries. For many companies, revenues have fallen off the cliff. Further, the uncertainty and likely overhang of disruption caused by pandemic in the hospitality industry will continue for the...
First came subprime mortgages, the ensuing financial crisis, and the Great Recession. Then predictions came of a retail apocalypse caused by the Amazon effect. Despite years of grim headlines predicting the demise of traditional brick-and-mortar stores, retailers have continued to find ways to...