Commercial REO Brokers Association To Host LA Dinner Meeting January 22 at LAX Marriott
Editor’s Note: I am thinking about flying down to this event and meet some of the players in the Commercial REO space being that this is the shoe that is dropping right now. I talked to a good friend of mine that is a Hard Money guy and he said its just getting brutal out there is the commercial real estate sector to the point that banks are even enforcing balloon payments in loans that are coming due and letting them just keep paying their mortgage until things improvement because most owners don’t have the cash and the banks doesn’t want to own the property.
The Commercial REO Brokers Association, “CREOBA” (www.creoba.com), the exclusive commercial national association dedicated to assisting real estate professionals who want to provide REO services to banks and loan providers, proudly announces its upcoming dinner meeting, scheduled for January 22 at the Los Angeles Airport Marriott on 5855 West Century Boulevard, from 6:00 PM – 10:30 PM PST.
The event, sponsored by Keller Williams Commercial Realty, will include an overview of the Commercial REO market, as well as the opportunity for attendees to meet asset managers, investors and other brokers.
Guests will also have an opportunity to listen to a panel of experts about industry trends and the skills necessary to becoming a successful Commercial REO Broker. Guest speakers for the evening include: Alice Sorenson, Light House Real Estate Solutions; Craig Berardi, REO Solutions; Ken Pratt, Old Republic Default Management Services; Brad Knapp, BREO, Inc.; Tom Oldefedent, Asset Management Servicing; and Miguel Pena, Commercia REO Asset Manager.