Mitigate Losses and Maximize Value
Real estate assets in the form of undeveloped land, partially developed land, stalled construction and under performing communities present a unique set of challenges to lending institutions. Real estate projects not pro-actively managed often mean significant losses to be incurred and declining asset value.
The RE: Expert Consortium members have extensive experience
in successfully enhancing the value of their clients' communities, locally and
nationally which translates into a significant opportunity for lending
institutions with troubled real estate assets.
Our Consortium team will work with you to stimulate
under-performing assets. We will
support your institution to manage land prior to, during or after the
foreclosure process.
OUR PROGRAMS INCLUDE:
Pre-loan Assessment
Our Consortium team will review with you the potential for success of a proposed real estate opportunity. We can assess from a comprehensive perspective and give you the confidence you need in today’s emerging real estate marketplace.
Troubled Loan Assessment
When issues arise with an existing real estate loan, the RE: Expert Consortium can give you the insights you need to take the steps necessary to address your concerns.
8-Point Workout Program
Includes working with you to:
- Assess
value of collateral versus loan value
- Evaluate
public/private agreements
- Develop
strategic plan including best potential for recovery of funds
- Evaluate
current marketing, merchandising and sales efforts
- Establish
relevant agreements for management of projects
- Assume role as receiver, or
liaison to receiver to ensure maximum recovery and acceleration of the project
- Provide guidance/evaluation of
disposition scenarios and identify potential purchasers
- Consult
with your own equity sources to evaluate acquisition of the project
Click here to contact RE: Expert Consortium to support your real estate needs.
