NAI Global Launches Special Asset Solutions™ Group
Group Works with Banks, Special Servicers to Preserve and Recover Value in their Distressed Real Estate Portfolios
NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, announced today it has formed a Special Asset Solutions™ group to assist clients with financially distressed real estate assets and REO.
The Special Asset Solutions™ group concentrates NAI Global’s extensive resources across multiple disciplines and markets to provide banks, financial institutions, special servicers and other holders of REO assets with the full spectrum of services an asset is likely to require throughout the ownership cycle. The group’s service offering includes loan sales, loan restructurings, asset management, property management, receivership, due diligence, valuation, leasing and disposition. The group also leverages the product-specific expertise of NAI specialty practice groups in the Retail, Multifamily and Hospitality sectors.
- NB! There is exclusive opportunity to NAI Baltics Clients in the Baltic States (Latvia, Lithuania, Estonia) to use Services of NAI Global Special Asset Solutions™.
Please contact: Valdis Ligers LLB, SIOR , CEO, Director Baltic Operations at NAI Baltics. Confidentiality is guaranteed!
“With a large number of assets coming under their supervision over the next 12-24 months, lenders are having to adapt to a new role as de facto property owners,” noted NAI Global President & CEO Jeffrey M. Finn. “This realignment of our established service lines enables understaffed REO departments to focus on their core competencies while proactively dealing with their nonperforming loans and REO.”
NAI’s Special Asset Solutions™ team, led by Executive Vice President Rhyne Brown, works with the client to assess the physical asset, preserve and enhance the asset’s current value, mitigate risk and put a strategy in place to dispose of the property or loan. The team is supported by the local expertise and business savvy of 5,000 professionals in over 325 NAI offices worldwide, including most secondary and tertiary markets where many of these assets are located.
“While there are a variety of issues that must be addressed along the way, the ultimate goal for many of our clients is a successful disposition,” added Brown. NAI employs a variety of disposition methods, from traditional real estate marketing to loan sale programs and accelerated marketing programs like the Commercial Property PowerSale™, NAI Global’s industry-leading online property auction platform. NAI’s disposition expertise runs across all property types and ensures broad exposure to commercial real estate investors across the U.S. and worldwide.
For more information about NAI Global Special Asset Solutions™, visit www.naiglobal.com/sas/.
Issued by NAI Global www.naiglobal.com / Published to the Site www.naibaltics.com by NAI Baltics – commercial real estate services in Latvia, Lithuania, Estonia. Your trustworthy partner, advisor and consultant in the Baltics and Worldwide. http://www.naibaltics.com