No Fix Until '26? Navigating Distress in Commercial Real Estate


Holland & Knight LLP, Nashville, TN  
Tuesday, May 06, 2025 4:00 PM - 6:30 PM   iCalendar Central Standard Time

TMA Tennessee: Commercial Real Estate Educational Event & Cocktail Reception

Please join us for the upcoming No Fix Until '26? Navigating Distress in Commercial Real Estate Educational Event & Cocktail Reception on Tuesday, May 6, 2025.

Join the TMA Tennessee Chapter for a timely and informative discussion on the state of commercial real estate, both locally and nationally. A panel of experts will discuss key considerations for real estate restructuring situations, with deep dives into the retail, office, healthcare and multifamily asset classes. Hear real-time 'war stories' about past and ongoing Chapter 11 cases impacting the commercial real estate industry and learn what industry professionals are anticipating for the rest of 2025 and beyond. Come prepared with questions for an informal and engaging conversation on the state of this oft-maligned asset class.


Moderator:  Nick Glennon, SVP, GA Group Real Estate

Panelists:   Michael Jerbich, GA Group – Real Estate 
                   Tyler Layne, Holland & Knight LLP
                   David Gossett - CBRE Nashville - Vice President in Advisory & Transaction Services
                   Matthew Brash, Senior Managing Director and Lead Professional of Newpoint’s TRAIL 
                          (Trustee, Receivership, Assignee, Interim Management, Liquidation) platform. 

 

MODERATOR:  Nick Glennon - Nick Glennon joins GA Group with more than a decade of experience across real estate restructuring, private equity and investment management. Mr. Glennon has worked as both a debtor and creditor-side advisor in high-profile commercial real estate bankruptcies, including JCPenney and CBL Properties. Further, he has both investor and rating agency experience in the commercial-mortgage-backed securities (‘CMBS’) industry, underwriting more than 100 conduit and single asset transactions. Nick has also spent time in the private equity industry, identifying value-add multifamily acquisitions for a private equity firm in Nashville. Outside of commercial real estate, he is highly experienced in corporate finance, having executed financial restructurings for clients across the retail, e-commerce and media & entertainment industries. Prior to joining GA Group, Nick spent four years in the Turnaround & Restructuring Group at AlixPartners, focusing on retail real estate restructuring. Additionally, he worked in the CMBS industry for seven years prior to obtaining his MBA from Vanderbilt University. Nick is an active participant in the Urban Land Institute and serves on the board of the Turnaround Management Association’s Tennessee chapter.


PANELIST:  Michael Jerbich - As President of the Real Estate division of GA Group, Michael is well known for creative deal making and has an impressive track record of helping companies successfully restructure their real estate portfolios. Michael specializes in turnarounds where real estate sales and renegotiating leases are crucial to a company's success. Over his career, he has managed projects that have achieved more than $1b in occupancy cost savings for his clients and has led the restructuring efforts and real estate sales disposition efforts (lease and fee owned), in and out of court, for some of the most well-known restructurings and bankruptcies in the country, including Remington Outdoors, J.C. Penney's, Sears Holdings and Bon-Ton Department Stores. Michael has extensive experience in the disposition of retail, manufacturing, multi-family and industrial real estate. Prior to joining GA Group, Michael was a Principal at A&G Real Estate Partners, a Senior Managing Director for DJM Realty for six years and before that, he was a Vice President at Hilco Real Estate.

 

PANELIST:  Tyler Layne - Tyler Layne is an attorney in Holland & Knight's Nashville office. Mr. Layne focuses his practice on healthcare restructurings, helping clients navigate the complex financial and regulatory overlay of restructurings in virtually every sector of this industry. He has substantial experience in corporate restructurings, representing debtors, secured lenders, indenture trustees, unsecured creditors, hedge funds, purchasers and other parties in connection with bankruptcies, receiverships, out-of-court workouts, assignments for the benefit of creditors, Section 363 and other distressed sales, debtor-in-possession (DIP) and exit financings, and related litigation. Mr. Layne also has vast experience in real property, mezzanine, Article 9 and strict foreclosures, as well as the exercise of voting proxies. He represents boards of directors and other fiduciaries in connection with corporate governance matters implicated in special situations. Mr. Layne has experience negotiating and closing complex financing transactions outside of bankruptcy, including asset-based and cash flow loans, sponsor financing, seller financing and venture capital financing. He has developed a particular focus in negotiating complex intercreditor arrangements, including 1L/2L, split collateral and mezzanine subordination agreements.

 

PANELIST: David Gossett - CBRE Nashville - Vice President in Advisory & Transaction Services.  David Gossett is a Vice President in Advisory & Transaction Services with CBRE Nashville. Mr. Gossett specializes in office tenant representation for a wide range of client needs including lease renewals, site selection, corporate relocations and build-to-suite requirements with a focus on strategically reducing occupancy costs. Mr. Gossett joined CBRE in 2016, bringing with him an understanding of corporate goals and objectives, a skillset that benefits client and their real estate plans. Prior to working at CBRE, Mr. Gossett was a professional golfer on the PGA Tour for 15 years, during which he won the 2001 John Deere Classic. During his career as a professional golfer, he also served as President and CEO of his own corporation where he represented companies such as Rolex, Hugo Boss and Oakley.

 

PANELIST: Matthew Brash, Senior Managing Director and Lead Professional of Newpoint’s TRAIL (Trustee, Receivership, Assignee, Interim Management, Liquidation) platform. Matthew serves as the SBRA Subchapter V Trustee at United States Trustee Program for the Northern District of Illinois, Eastern Division. Matthew works with companies, national and global commercial lenders, private equity firms, and key stakeholders in various turnaround stages. He meets each project with the goal of maximizing recovery and finding closure, efficiently and successfully. With a decade of experience, he is well-known and a go-to source in situations which require immediate deployment, strong management, communication and performance. He thrives on finding value where one believes there is little to none.

 

Location:   Holland & Knight (511 Union Street, Suite 2700, Nashville, TN)

Education will be from 4:00 p.m. - 5 p.m.

$15 if you would like CLE (Approved for 1.0 Hour)
FREE if you do not need CLE

Cocktail and Light Food will be from 5 p.m. - 6:30 p.m.

Parking will be complimentary by GA Group.

 

Thank you to GA Group for sponsoring the cocktail reception and parking.

 

Holland & Knight LLP  

511 Union St Ste 2700
Nashville, TN 37219-1791