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550 banks together sold nearly $3 Billion in non-accrual loans (late stage non-performing loans) in the first quarter of 2013. The most frequent question that I get, and it’s usually positioned as a…Continue
Started May 21, 2013
We recently had a guest speaker, JD Crouse, walk us through Loss Share Agreements and other topics during our Commercial Real Estate Notes Q&A Webinar. We will be continuing the Q&A exercise…Continue
Started this discussion. Last reply by Brecht Palombo May 15, 2013.
Is the housing recovery still a farce? While many listing agents are experiencing the best spring real estate market in years, there still remains doubt about the sustainability of the price…Continue
Started Apr 26, 2013
This month I'm working with a friend of mine to help liquidate 18 surplus commercial properties.
We are selling 2 assets regardless of price.
I took on this project for a few reasons.
One is that as an auctioneer the idea of "Regardless of Price" just gets me all hot and bothered... I confess, I'm a sucker for assets that must be sold regardless of price.
Another reason is that the sellers in this case aren't like…Continue
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