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
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.
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 (Being Applied For)
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.