From the category archives:
Learn how to find banks with nonperforming notes for sale, and bank owned commercial, residential, multifamily properties and construction projects.
I’m excited to announce that among a flurry of launches for 2010 we’ll be bringing you the Distressed Property Professional’s Podcast Series (that’s a mouthful!). I’ve been talking with high level professionals engaged in various aspects of distressed property and I’m recording it all so you can hear them here and on iTunes (as well [...]
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On Friday the FDIC issued guidance to banks in the form of a policy statement entitled Prudent Commercial Real Estate Loan Workouts . The stated purpose of the document is
It is intended to promote supervisory consistency, enhance the transparency of CRE workout transactions, and ensure that supervisory policies and actions do not inadvertently curtail the [...]
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Of course you lose something considering these 20 slides were an hour and a half presentation with lots of real world examples… but here it is any way the PowerPoint presentation from a 10-15-09 New England CCIM breakfast event where David Phalen and I talked about what’s happening in distressed commercial real estate, how to [...]
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Distressedpro.com has released a comprehensive User Guide to accompany its premier bank research product, BankProspector. The 22 page guide goes just beyond the basic functionality of the product and touches on some of what’s behind the numbers. Members are strongly encouraged to make their way through the entire guide so that they’re able to make [...]
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