REO Distressed Property Services

Today‘s troubled market presents a unique set of challenges for financial institutions, property owners and investors. Over the last three downturns in the real estate market, NAI Plotkin was hired by local, regional, national financial institutions and law firms to manage and stabilize distressed properties in their portfolio. Our firm stands ready to put to use our knowledge and experience for your institutional clients and their representatives in order to stabilize assets and create value, thereby putting the property in the best position to return it to the real estate market, ultimately disposing of the asset.

NAI Plotkin provides seamless service through it‘s Corporate Services platform, taking control, and stabilizing assets. The Commercial Property Powersale® is an Accelerated Marketing Program that employs a variety of marketing techniques that have proven effective in previous economic cycles when traditional sales channels are gridlocked.

Asset Management
  • Risk Assessment
  • Property Management
  • Site Maintenance & Security
  • Pro Forma & Cash Flow Updates
  • Asset Status, Covenant & Benchmark Tracking
  • Special Purpose Entity Reporting & Records Management
  • Foreclosure & Deed-in-Lieu Process Coordination

Asset Evaluation

  • Broker’s Opinion of Value
  • Proposal Packages & Recommendations
  • Evaluation and Summary of Underwriting Data

Portfolio Strategy

  • Marketing & Leasing Services
  • Liquidation Alternatives
  • Offering Strategies
  • Contingent Income Structures

Disposition Services

Workout Support

  • Strategic Advice
  • Agreement Modification
  • Data Collection, Review & Analysis
  • Capital Request Preparation
  • Capital Solicitation & Selection

Bankruptcy Advisory

  • Expert Testimony
  • "Best Interests" Evaluation
  • "Fair & Equitable" Evaluation
  • Exit Plan Evaluation & Selection
  • Disclosure Statement Support
  • Plan Confirmation Support
  • Capital Request Preparation
  • Capital Solicitation and Selection

For more information on NAI Plotkin's REO & Troubled Asset Management Services, contact:

 Demetrios Panteleakis, JD, CRF
 Vice President Corporate Services and Brokerage
 (413) 781-8000 ext. 259
 demetrios@splotkin.com