Author Archives: jwcrepig

CRE Auctioneer Brecht Palombo on Bulk REO, Notes

Brecht Palombo Founder DistressedPro.com and Auctioneer for Nationwide Commercial Sales (Tranzon)

Speaks to CREPIG about the current state of the Commercial Bulk REO and Notes Markets. The Good the Bad and the Ugly.

120911 Brecht Palombo Edit 01

Duke Long Audio Interview Use of Social Media in the CRE Industry – To hear this interview [CLICK HERE]

Brecht and I have know each other as acquaintances for over 4 years now. I have always been interested in what Brecht was doing as he started DistressedPro.com around the time I was working on CRE Distressed Assets Assoc. CREDAA.

Brecht has made success out of distressed properties on the web as few others have and I applaud and am jealous of him at the same time.

I want to thank Brecht for his frank, no nonsense opinion and the wealth of info that he brought to this conversation  – JW

Brecht Palombo

As an auctioneer I work for lenders, special servicers, attorneys, court appointed trustees, receivers and businesses and provide them with rapid commercial real estate, multifamily, and construction property or note disposition services via online auctions, live auctions, sealed bid, or hybrid bid formats. I act as a single point of contact for real estate auctions nationwide.

Real estate auctioneer and software entrepreneur.

Brecht also designed, developed and currently markets an online web application that real estate, investment and banking professionals use to find bank contacts and evaluate the REO and non performing loan information for 97.3% of US banks via ‘live’ call report data.

Specialties

* Commercial real estate foreclosure and REO auctions
* Multifamily foreclosure and REO auctions
* Construction REO and foreclosure auctions
* Condo project liquidations and REO auctions
* Subdivision liquidations, foreclosure and REO auctions
* 363 sales (debtor in possession)
* Developer closeout auctions
* Online real estate auctions
* Non performing note sales
* FDIC call report data
* Regional and local bank contacts
* Distressed asset data

Distressed Pro:

Distressedpro.com is home to BankProspector, the fastest easiest way to find banks and bank contacts with non performing loans and REO, GUARANTEED, or your money back.

BankProspector is the only software that lets you see the late and non performing loan portfolio details of any US bank.

With BankProspector you can find banks with distressed residential, multifamily, commercial, and construction loans nation wide. Research banks to find non-performing notes for sale, real estate loans in default, and bank owned real estate.

* Brokers: Find banks with residential, commercial, or multifamily REO
* Investors: Pre-foreclosure opportunities, loans for sale and more
* Developers: Capitalize on broken condo deals, distressed construction
* Attorneys: Research lenders who need your services
* Bankers: Get an instant detailed view of your competitors real estate reporting.

Specialties

bank research, bank data, non performing loans, distressed real estate, bank owned real estate, notes for sale, workout, special assets, REO, OREO, auctions, foreclosures.

Tranzon Auctions

At Tranzon Brecht serves as a single point of contact for distressed asset services nationwide.

Lenders’ workout and special assets groups, turnaround professionals, CMBS special servicers, attorneys, court appointed trustees and receivers as well as businesses rely on Brecht to provide rapid commercial real estate disposition and real estate loss mitigation services.

His services include site inspections, foreclosure auctions, bankruptcy auctions, negotiated or accelerated commercial REO sales, and rapid corporate real estate and business asset dispositions.

Tranzon is a nationwide auction company helping owners sell their real estate in the shortest possible time, at the highest possible price. Tranzon’s independent member companies combine the benefits of local market knowledge with the resources of a national organization. With trained and licensed staff who are among the most talented, experienced and longest-tenured in the industry, we provide a single point of contact for all of your local, regional and national asset sale needs.

Our proprietary Market-Making SystemSM is a proven-effective methodology for the quick sale of real estate. The System provides sellers with a sophisticated and effective marketing program, specifically designed for each seller’s individual property, and the benefit of our database of tens of thousands of potential auction buyers. Tranzon uses the most advanced online marketing techniques to achieve the best possible results for sellers.

Tranzon conducts all types of auctions:

  • Live onsite
  • Ballroom
  • Sealed bid
  • Online-only
  • Simultaneous live & online

Tranzon companies serve:

  • Financial institutions
  • Bankruptcy trustees and estates
  • Corporations and developers
  • Trusts, guardians and estates
  • Private individuals
  • Investment groups

Links:

Distressedpro.com
Trazon Auction
Brecht’s Blog – Brechtify.com

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crepig comercial real estate professional and investor groupThis post courtesy of the Commercial Real Estate Professionals and Investor Group who are dedicated to bringing news, information and resource to the commercial real estate industry. www.CREPIG.com

Duke Long on Using Social Media in Commercial Real Estate

Duke Long Commercial Real EstateDuke Long Commercial Real Estate Social Media Expert, Speaker, Broker and all around CRE activist

Takes some time to chat with us about the CRE industry and social media’s role now and in the future.

Duke Long Audio Interview Use of Social Media in the CRE Industry – To hear this interview [CLICK HERE]

I have been following Duke Long and his blog for a few years now. I was Googling Commercial Real Estate sites and found a list of the top 25 social media people in the industry.

I looked up and down the list and searched it for my name. I found my co-partner on my CREPIG site and many of my site members, but not my name.

I was disappointed and made a mental note to make sure that this Duke guy recognized me and put me on the list. Well the list was done so I put myself on it in the comments section.

Duke wrote back saying essentially cool man… No prob. I kept a keen eye on his lists since then and I have rarely made any of them.

Duke and I have spoken several times over the years and we finally got to meet each other and hang out at NAR together. We actually had a great time hanging out and got to talk at length about many subjects.

Duke is going where most other CRE professionals do not dare with social media and blogging and he does have an attitude, which he share via his blog…. Listen in as we take a moment to chat about the industry and new media challenges. – JW

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Duke LongDuke Long

Duke Long is the Broker/Owner of The Duke Long Agency.

Duke is the creator and author of the blogsite www.DukeLong.com

Duke has delivered numerous presentations, panel discussions, and moderated panels on the subjects of online commercial real estate technology, communication, marketing, branding, data, content creation and digital media.

Commercial Real Estate Speaking Topics

  • Social Media: Making sense of it all.
  • Building an online community: Finding customers and clients online.
  • Developing an online reputation: How to create your brands online reputation.
  • Creating content: What content should you create and who are you trying to reach.
  • Business Blogging: Generating traffic, writing and creating valuable content.
  • Mobile: Strategy, applications and tools for commercial real estate.
  • Commercial real estate data: What to do with it and how to maximize its value.

Duke has presented in front of audiences of varying sizes all across the country for local, regional, national and international companies and associations.

Although Duke is not a professional speaker but as a business owner, commercial real estate practioner and communicator. The content is practical, actionable and results driven for today’s commercial real estate business.

Contact dukelong@dukelong.com to schedule me for your next event or conference.

If you want to connect:

Twitter:https://twitter.com/dukelong
LinkedIn:http://www.linkedin.com/in/dukelong
Blog:http://www.dukelong.com/ Uh, your on it.
Google + :www.gplus.to/dukelong
YouTube: http://www.youtube.com/user/DukeLongCRE?feature=watch

No adds, no sales pitches, no listings push…… but maybe a little attitude!

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crepig comercial real estate professional and investor groupThis post courtesy of the Commercial Real Estate Professionals and Investor Group who are dedicated to bringing news, information and resource to the commercial real estate industry. www.CREPIG.com