October 2026
More from this Issue
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North American Commercial Real Estate in Flux
When I was invited to serve as guest editor for this issue on commercial real estate (CRE) insolvency, I saw it as an opportunity to look closely at how -
The People You Don’t Know Yet
So far this year, I have had a front-row seat to the many ways TMA brings people together. A wine event in Los Angeles. A regional conference in Atlantic -
Reaching New Heights With TMA
As my career has evolved and my network has expanded, my involvement in TMA has been the constant element that consistently provided me with avenues to -
The Building Works. The Business Works. The Loan Doesn’t
Historically, commercial real estate distress has been generally associated with visible operating problems, such as declining occupancy, weak leasing -
The Gold Standard Remains The Effective Disposition Of Real Property In Bankruptcy
The distress in commercial real estate is not resolving on its own. Trepp’s commercial mortgage-backed securities (CMBS) delinquency rate reached 7.86% in -
Beyond the Listing: Creating Value in Commercial Real Estate Receiverships
For many years, the economics of a commercial real estate receivership were relatively straightforward: take possession of the property, stabilize it as -
When Debt Must Become Equity
In the spring of 2021, a mid-rise apartment building in Toronto with $1 million of net operating income, at a 3% cap rate—the going average that quarter in -
Nobody’s ‘Perfect’ – Statutory Compliance With The Construction Act In Commercial Real Estate Insolvency Proceedings
The steady increase in insolvency proceedings involving commercial development properties in recent years has brought construction lien claims into sharper -
Why TMA? Awesome People, Exceptional Growth, Unrivaled Insights & Lifelong Connections
I am deeply humbled, appreciative, and touched to receive this year’s Chairperson’s Award. My sincere thanks go to TMA Global Chair Rachael Smiley and the -
Tradition & Growth
Q How did you gravitate toward turnaround and restructuring work? SUNNY HAN-JEON My path into turnaround and restructuring work began during one of the -
Leadership Spotlight
Q How did you get involved in TMA Global leadership? When it comes to your volunteer work, what are you most proud of? TMA Global leadership was -
Welcome Newcomers: October
Arizona Todd Hawkins, Novo Advisors Noah Montgomery, Bell Bank Alex Paul, Resolute Commercial Services Connor Wood, Maynards Group of Companies Jaydon
Snapshot Article
Upcoming
2026 TMA Annual Conference
October 27-30, 2026
Marriott Marquis Houston
Houston, TX