TY - JOUR AB - In 2010 Drive Property Solutions, a special servicing firm in Chicago, had partnered with Spiner Capital to win an FDIC auction of distressed debt. Included in that auction was the defaulted mortgage note on Northwinds Community Crossing, a retail strip mall in suburban Savannah, Georgia, which had been in default since November 2009. Sam Schey, an asset manager at Drive, needed to decide how to maximize recoveries from the nonperforming loan. VL - IS - SN - 2474-6568 DO - 10.1108/case.kellogg.2016.000417 UR - https://doi.org/10.1108/case.kellogg.2016.000417 AU - Furfine Craig PY - 2017 Y1 - 2017/01/01 TI - Working at Workouts: Commercial Real Estate Debt in Distress T2 - Kellogg School of Management Cases PB - Kellogg School of Management SP - 1 EP - 17 Y2 - 2024/04/25 ER -