The Coming Wave of Distressed Assets: Opportunities and Challenges Webinar
Recorded On: 09/23/2020
Many property owners are facing challenges in their ability to collect rent from existing tenants and attract new tenants, especially with collapsing businesses and the rise in bankruptcy filings in the face of the current pandemic. Over time and without normal rental income, property owners can lose the ability to make mortgage payments and cover operational expenses. In this webinar, Jay Olshonsky, president and CEO, NAI Global, will discuss this inflection point in which lenders take control of their properties, hire special servicing companies and sell assets under duress, and share the opportunities that can emerge in these situations.
Speaker: Jay Olshonsky, President and CEO, NAI Global
President and CEO
- Jay Olshonsky, FRICS, SIOR, CCIM is the President and Chief Executive Officer of NAI Global since December 2012 when C-III Capital Partners LLC acquired NAI Global.
- He is responsible for the all operations of NAI Global, as well as an active leader on the NAI Global Capital Markets Group, which focuses on the disposition of individual assets, notes and portfolio sales in a number of property sectors including office, industrial, retail and hotel.
- Jay has been instrumental in growing the organization by adding offices domestically and internationally, increasing annual revenues and profits, while expanding service lines. NAI Global is one of the largest commercial real estate firms worldwide and a top five global brand. NAI Global has consistently generated over $20 billion in annual transaction volume, operates more than 375 offices, manages over 1.15 billion square feet of properties and facilities and has 6,000 + professionals in 41 countries.
- Jay is extremely innovative, an effective motivator and takes an active role in mentoring all.