'Recovery, not liquidation': How Tailwind navigates US real estate workouts

As South Korean institutional investors grapple with a wave of distressed overseas real estate assets, the need for specialized workout capabilities has become increasingly important, according to Tailwind Real Estate Partners.

Before the Covid-19 pandemic, local institutional investors aggressively expanded their overseas real estate exposure, snapping up high-profile properties in the US, such as trophy office assets in Manhattan.

The sharp rise in interest rates and structural changes in the ...