About this episode

Shlomo Chopp discusses the challenges and processes involved in commercial real estate distress and restructuring.

We sit down with returning guest Shlomo Chopp, Managing Partner of Case Equity Partners, for a candid discussion about CRE distress; the causes, the workout process, and what it takes to get to resolution. Shlomo draws on more than two decades of restructuring and advisory experience to explain why fatigued capital is pulling back from existing deals, what the maturity wall actually means for borrowers and lenders in 2026 and 2027, and why good intentions can walk a borrower straight into a recourse situation. The conversation also covers Shlomo’s LinkedIn series The Road to Default, the real job of a workout advisor, and what he thinks the industry consistently gets wrong about distress.   Key moments 01:35 Shlomo’s background and firm 04:57 Why capital is pulling back 09:34 Extensions and operator reality 11:04 Office green shoots 13:58 Hope trades and rate bets 15:09 Maturity wall and data limits 19:57 Liquidity paradox and DPOs 25:54 Debt and fundamentals 27:11 Distress cycle warning 29:00 Bankruptcy and CMBS shift 34:33 Building the workout plan 37:41 Industry pitfalls and accountability 40:03 Road To Default thesis 43:58 Fixes and final takeaways   Resources…

People in this episode

Guest: Shlomo Chopp

Topics covered

• CRE distress
• workout process
• maturity wall
• restructuring
• capital pullback
• bankruptcy

Keywords

• CRE workouts
• maturity wall
• restructuring
• capital pullback
• workout advisor
• distress cycle
• bankruptcy

Mentioned in this episode

Organizations: Case Equity Partners

Books & works: The Road to Default

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