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Marcus & Millichap is the largest firm specializing in commercial real estate investment
services nationally. Backed by the industry’s largest investment sales force and
foremost research team, our Special Assets Services (SAS) division provides a full
range of solutions nationwide from early-stage assessment and valuation through
disposition.
A Proven System – The Broadest Access to Private Capital
In the early 1990s, the Resolution Trust Corporation (RTC) and numerous regional
and national financial institutions relied heavily on Marcus & Millichap to dispose
of over 5,000 distressed commercial assets. Since then, our cutting-edge technology,
expertise and national coverage have grown exponentially with a steadfast focus
on real estate investment specialization.
Marcus & Millichap is the predominant source of private capital throughout the industry.
Lenders and government agencies depend on us to maximize liquidity and mitigate
loss because of our track record of combining deep product and market knowledge
with long-standing special assets experience. In 2008 alone, the SAS division has
advised lenders and government agencies on over 2,000 special assets including more
than 300 dispositions.
Special Assets Solutions
Our defining value proposition is to quickly and accurately assess, price, position
and dispose of commercial real estate assets through a single point of contact by
providing:
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Marcus & Millichap Highlights
- Founded in 1971
- 1,350 investment specialists in 75 offices
- Relationships with more private investors than any other source
- $20.7 billion in sales; 5,300 transactions closed in 2007 – Highest nationally
- Extensive special assets services experience
- Over 2,000 special assets assignments in 2008
- Industry-leading market research locally, nationally
- Expertise includes apartments, hospitality, industrial, land, manufactured housing,
office, retail, self-storage, seniors housing and commercial loans
 Special Assets Services Overview
Contact Mike Harris for more details
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- In-depth knowledge by product type in any market from coast-to-coast, enabling lenders
and government agencies to make decisions rapidly
- Industry-leading access to the largest pool of private investors to maximize liquidity
through both loan and real estate dispositions
- Deep understanding of loss mitigation options utilized to collaboratively explore
creative alternatives
- Leading-edge technology to give lenders and government agencies immediate and transparent
oversight and reporting on assignments for single assets or large portfolios
A Structured Approach to the Special Assets Continuum
Our services are tailored to assist financial institutions and government agencies
proactively evaluate assets prior to entering the special assets continuum and to
help manage and dispose of those that have already become distressed.
- We provide accurate, real-time valuation of the underlying collateral to help lenders
and government agencies decide whether to proceed with foreclosure or explore workout
options.
- For assets in foreclosure or distressed status, our advisory services enable lenders
and government agencies to determine the right strategy and timing including debtor
cooperation, asset management, note sale or property disposition.
- Best-of-class providers are engaged for key services such as leasing, asset management
and auctions as deemed appropriate for each asset or portfolio.
- Our national platform has been perfected to value, package and market assets to
the largest pool of qualified investors rapidly. This is driven by our unparalleled
access to private capital. We are uniquely positioned to maximize asset value relative
to the necessary time frame for recovering capital.
- We provide guidance and counsel on property valuations in advance of foreclosure
auctions, ensuring optimum decision-making during the bid process.
- Our unparalleled national capacity results in accelerated asset and portfolio disposition,
facilitated by buyer financing options through Marcus & Millichap Capital Corporation.
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Special Assets Solutions and Resources
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