Brecht Palombo
  • Male
  • United States
  • Boston, MA
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Bank Prospecting

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Brecht Palombo's Friends

  • Phillip L. Cowan
  • Nick Barbaria
  • Justin R. Piasecki
  • Donald Lew
  • David Donley
  • Catharine Rankin Mooney
  • Scott Miller, Advisory Member
  • Michael Mulcahy
  • Bill Evans, CREPIG Advisor
  • Sossi Crilly, Crepig Adviser
  • JW Najarian

Brecht Palombo's Discussions

550 Banks Sell $2.85 Billion in Non-Performing Loans in Q1 – Now What?

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

Tags: REO, RESIDENTIAL NON-PERFORMING LOANS, CHARTS

Started May 21, 2013

Money Making Strategies with Commercial Notes

We have a new podcast series where we answer questions around how to make money in non-performing…Continue

Tags: REO, NON-PERFORMING, LOANS, DISTRESSED, COMMERCIAL

Started May 15, 2013

How to Find Banks with Commercial Real Estate Notes in Loss Sharing Agreements
2 Replies

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

Tags: SHARING, VIDEO, WEBINAR, LOSS, NOTES

Started this discussion. Last reply by Brecht Palombo May 15, 2013.

How to Make Money in This Fleeting Bull Real Estate Market

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

Tags: NOTE, BUYING, PROPERTY, DISTRESSED, IN

Started Apr 26, 2013

 

Brecht Palombo's Page

Profile Information

Location (City, State) (Province, Country)
Boston, MA
A Bit About Me
BankProspector is an online database of the REO and distressed mortgage details for more than 8,000 banks nation wide. Members use it to find bank contacts, bank owned property and distressed loan opportunities.
Which Best Describes You? (Pick All That Apply)
Open Networker, RE Software Provider, Professional
What Do You Need
Partners nationally who have an online presence or voice. Lender and creditor counsel contacts
What Do You Offer
The only online bank research product built for distressed real estate professionals.
Website URL
http://www.distressedpro.com
LinkedIn, Twitter, Facebook, Skype Address
distressedpro

Brecht Palombo's Blog

Section 170 Commercial Property Liquidation

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

Posted on November 2, 2015 at 2:31pm

How to Spot the Pretenders in the Real Estate Business

In my role at distressedpro.com I hear from an awful lot of brokers and investors. 

I can always tell who the real professionals are and who's just pretending.

How?…

Continue

Posted on July 10, 2013 at 3:37pm

6 Key Components of a Successful Distressed Assets Fund

Distressed real estate presents an enormous investment opportunity. Investors are pooling capital in the form of distressed assets funds to capitalize on this. My guest has been instrumental in assembling four distressed asset investment funds over the last year. In this podcast we cover the 6 Critical Components to a Successful Distressed Assets Fund.

Posted on January 13, 2010 at 10:46am

Distressed Property Professional's Podcast Series

We're kicking of 2010 with a new Distressed Property Professional's Podcast Series.



I'm talking with top members of the community about the distressed commercial real estate challenges and opportunities out there now and that lie ahead. The 3 pros I spoke with for the January series have been involved in nearly half-billion dollars in commercial real estate transactions… Continue

Posted on January 6, 2010 at 1:42pm

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