RCK Organization » REO Asset Services

REO ASSET SERVICES

In the last several years RCK Organization has sold or transacted over 20 assets for lenders. From the mid-80's through the early 90's, RCK Organization was the leading firm representing State and Federal Lending Institutions and Federal Agencies assisting the disposition of Real Estate Scheduled items, otherwise known as REO's. The client list includes the following:

FEDERAL AGENCIES:

FDIC
FSLIC
RTC
FADA

FNMA
FHLMC
HUD

MAJOR LOAN SERVICING FIRMS:

State Street Bank
AMRESCO
LendLease
Midland Loan Services
Lehman Brothers

Goldman Sachs
Transamerica Financial
JE Roberts Companies
ARCHON Group

FEDERAL AND STATE LENDING INSTITUTIONS:

Home Savings
Home Federal
New West Federal
Imperial Thrift
State Savings
Far West
Butterfield
Mercury
American
Chase
City National Bank

Great Western
Great American
Fidelity Federal
Union Federal
Columbia
Wells Fargo
World Savings
Downey Savings
Chase Manhattan Bank
Bank of America
Heritage Oaks Bank

PRIVATE INVESTMENT FIRMS:

Sentinel Real Estate
Goldrich & Kest Industries
Heitman Capital Services
The Bascom Group
Legacy Partners

Fowler, Shore and Flanagan
United Dominion
Pacifica Holdings LLC
Aspen Square Management
AIMCO

RCK provides an array of services to help facilitate in the disposition of assets including:

Brokers Professional Opinion (BPO)
Court Ordered Receiverships
24 hour Status Report regarding Condition
Photos on Exterior and Vacant Interiors
Rent Comparables w/ Photos
Sales Comparables w/ Photos
Recommendations for Vendors/Property Management Firms
Coordination of Vendors requiring access to Property

RCK assignments have ranged from a 214 Unit Apartment Community to Industrial Flex Condos. Dispositions have been done via Sealed Bid Auctions, Call for Best and Final as well as open market solicitations.