Miami Company Helps Banks Repair and Reposition Foreclosed Properties
Sunday, September 14th, 2008Miami, FL - In a market where only the fittest survive, Bayshore Land Group is flexing its innovation muscle to continue serving clients. The Florida commercial real estate specialist is updating its strategies with the shifting economy, offering new advisory services for banking and lending institutions inheriting commercial and residential real estate in the wake of swelling foreclosure rates.
As MacNair described, Bayshore’s REO management process offers three service areas: acquisition/analysis, preservation/renovation and disposition. The firm is currently helping lenders reconcile 60 foreclosed properties, and is prepared to at least double that volume in the second half of 2008.