SEOUL – June 14, 2023 –Joel H. Rothstein, chair of the Asia Real Estate Practice at global law firm Greenberg Traurig, LLP, was the featured speaker at a real estate investment seminar hosted by the Korean Chamber of Commerce and Industry in Seoul May 3. Greenberg Traurig also was a sponsor of the event.
The seminar focused on recommended response strategies for Korean cross-border real estate investors to current market turbulence in places like the United States. Rothstein, an international real estate and structured finance lawyer, shared his insights and perspectives on the tools, techniques, and strategies cross-border investors can use to deal with distressed and defaulted real estate debt in the United States.
“There are many features and practices that are unique to the real estate lending market in the United States,” Rothstein said. “Successfully navigating loan workouts or restructures requires a fundamental understating of these unique features, from the underlying motivations of the different types of lenders active in the U.S. market, to the creditors’ rights and remedies available under the U.S. regulatory framework, to the types of loan security packages associated with non-recourse debt in the institutional market.”
Based in Tokyo, Shanghai, and New York, Rothstein advises investment banks, financial institutions, private equity funds, sovereign wealth funds, real estate developers, and investors across all major Asia markets with a particular focus on Greater China, Japan, and South Korea. He also leads Greenberg Traurig’s practice in advising Asia-based outbound cross-border investors in structuring, implementing, and managing equity and debt investments into the United States, Europe, Latin America, and the Middle East.