From the CNB Blog
Congress warns of Commercial Real Estate failures coming According to an article by the NY Times that summarizes the...
Services for Buyers
Banks around the country are troubled by commercial real estate loans that are in distress ie, either sub-performing or non-performing. These banks are desperately trying to get rid of this ‘distressed real estate debt’ for a number of reasons including FDIC asset classification loan limits, capitalization requirements and because they simply want to get back to the business of making loans and making money from those loans.
Until now, buyers who could not or did not want to spend tens of millions of dollars to purchase a huge ‘pool’ of assets from banks at a “take it or leave it” price had no options. It seemed virtually impossible for buyers to take the time to find out what the banks owned, what they were willing to sell and at what price.
There are over 7,000 banks in the United States alone. Trying to find the right people to contact at each banks, at the right time, and determining what distressed debt they have, expect to have or are willing to sell and at what price is just not feasible for most people or even most entities. At Commercial Note Brokers we have found a better way to help you find what distressed commercial debt is available for sale.
Have you ever wanted to know how big money hedge funds and distressed debt asset managers got those great deals on properties at very low prices?
Did you always assume that you could not participate in those types of great real estate deals because you didn’t know the “right” people?
Were you ever surprised to find out for just how little some of the commercial real estate right by you sold for and how you wished you would have known ahead of time because you would have gladly paid even more than that price?
Those types of deals are now available to you at the same time they become available to the ‘big boys’ out there at the hedge funds and distressed asset pools via this website portal. To start finding these great deals, all you have to do is register online.