Prof. Charles Altman teaches commercial real estate workouts at Cardozo. He has many years of experience in mortgage finance at insurance companies, commercial and investment banks, the FDIC and representing borrowers. During the Savings and Loan crises of the early 1990s Altman organized a highly successful government-private-community effort to sell 300 co-op apartments to their rent controlled tenants in Manhattan and Brooklyn. Prof. Altman later established and ran the Lehman Brothers CMBS Legal and Closing Dept. and served on the Editorial Board of CMBS World Magazine. Altman is experienced in systems analysis and IT and was the founder of TIKON Mortgage Technologies. He is co-inventor of a business method patent that incorporates mortgage process flow with legal documentation and risk based loan pricing. Professor Altman is currently focused on the development of a new nomenclature to increase life safety in residential structures by recharacterizing certain “illegal” occupancy to “PeriLegal” occupancy. Prof. Altman also teaches at the NYU Schack Real Estate Institute and has been a visiting professor or guest lecturer at the Columbia University Graduate School of Architecture and N.Y.U. School of Law. He is active in the New York City Bar Association and organized “Best Practices for Teaching Real Estate Securitization” a joint program with the Association of American Law Schools (AALS). Altman has served as Chair of the Real Estate Transactions Section of AALS and has presented or moderated at AALS Annual Meetings on Chinese Real Estate Finance, European Union Cross Border Real Estate Transactions and the finance of Accessory Dwelling Unit (ADUs).