What is Asset Recovery?
Asset recovery includes the stabilization and/or rehabilitation of distressed assets, including those undergoing REO; financial restructuring; foreclosure; and other financial hardship. The primary goal of asset recovery is to return distressed assets to income producing assets. Specific services of asset recovery can include market research, loan restructuring services, property management and preservation, leasing, income recovery services, and loan sales. Asset recovery also includes risk management by evaluating commercial real estate portfolios for issues related to refinancing risks and possible defaults.
Do you need an Asset Recovery specialist?
Lenders, specifically banks and other financial institutions, with loans on office; industrial; retail; and multi-family residential properties are often those who are most likely to need asset recovery services.
If you have assets in distress, one of our Asset Recovery specialists here in the Baton Rouge area can provide the particular skills needed to help obtain the maximum return on your investment.
If you have loans on these types of properties that are not in distress, you may still benefit from consulting an Advisor who specializes in working with distressed assets, as he or she can help analyze your portfolio for potential issues and develop solutions to mitigate risks.
An experienced asset recovery specialist can analyze available documents, review borrower payment histories and financial conditions, assist in resolving defaults, and survey local real estate markets to develop market leasing assumptions. After research and review, a specialist will recommend the best course of action to optimize an asset’s recovery. An asset recovery specialist can also assist in managing the foreclosure process, including property preservation services such as mold inspection; lawn maintenance; and debris removal, and managing and identifying potential buyers for REO.
How can we help?
The SVN | Graham, Langlois and Legendre team in Baton Rouge consists of dedicated Advisors who specialize in solutions for distressed assets and portfolios across the United States. The team designs and implements custom initiatives for assets that ensure maximum return to our clients.
Our services include: