Newport Beach, CA, September 16, 2011 --(PR.com
)-- The Information Management Network (IMN) has selected CWP Advisors to participate in its 2nd Bank and Financial Institution Special Asset Executive Conference on Real Estate Workouts. The event is scheduled for September 26 and 27, 2011 at the Hyatt Regency Century Plaza in Los Angeles, California.
Salvatore Provenza, Managing Director of CWP Advisors, will provide information about residential real estate workouts, receivership and asset management. More specifically, Mr. Provenza will review some of the pitfalls found in investing in "broken" common interest developments including townhomes, condominiums and planned unit developments. He will also discuss common issues like homeowner association disputes, incomplete construction, differed maintenance issues, construction defect risk management and disclosures recommended when selling the project in bulk or to the general public.
CWP Advisors has been involved in a variety of distressed residential projects from small lot detached projects under receivership in Los Angeles to multi-family real estate owned projects in Sacramento to partially completed subdivisions in Orange County. The principals of CWP Advisors leverage expertise that can only be gained from hands-on experience managing complicated projects for well-known organizations like Standard Pacific Homes, Toll Brothers, Western National Group, Fluor and others.
IMN’s Bank & Financial Institution Special Asset Executive Conference on Real Estate Workouts is part of a series of Distressed Real Estate Conferences covering distinct asset classes including hotels, office, residential and retail. This series is specifically designed for executives involved in workouts at banks including special asset groups, special services, real estate owned departments, and internal restructuring units. The conferences are hosted in various local markets including Chicago, Las Vegas, Los Angeles, London, New York, Phoenix and South Florida.
IMN's approach to events has been highly effective because they arrange topical, industry-wide forums for leading real estate industry executives that feature unparalleled educational and networking opportunities. Educational sessions are structured as interactive panel discussions where each panel discussion features a leading industry moderator who is joined by 4-6 leading experts exchanging their views and interacting with each other and the audience.
"CWP Advisors participates in the IMN real estate events regularly and will continue to so. It's a great environment to speak candidly about how to manage the current distress and exchange ideas about the ultimate recovery," said Provenza.
About CWP Advisors LLC.
CWP Advisors is a real estate advisory firm providing receivership, management and brokerage services to lenders, special servicers and investors with holdings in the western United States.
For more information: 1601 Dove Street, Suite 273 Newport Beach, CA 92660 949-330-7370 www.cwpadvisors.com.