Northern California Commercial REO Agents

Comment

Comment by Mario Pinedo, CCIM on November 8, 2009 at 4:09pm

United Commercial Bank just was acquired by East West Bank via a FDIC brokered deal. Those two banks will have tons of commercial loans in default to deal with. Luckily for EWB, all the UCB loan losses are covered. This makes for EWB a more motivated seller of bad assets.

Comment by Jesse Sung on November 7, 2009 at 6:38pm

not much success. cold calling, even warm calling doesn't seem to shake loose a real good resource of information.

Comment by Mario Pinedo, CCIM on November 2, 2009 at 1:09pm

What successes have you achieved with commercial asset managers lately? I have been on the phone for the last few weeks and the doors are wide open. Some commercial REO departments aren't even staffed up well yet. Look at Monster.com and search OREO - the list is long - these departments are hiring.

Comment by Gina Olivarez on October 24, 2009 at 12:50am

Look forward to meeting all at the next event.

Comment by Walter "Forth" Hoyt on October 14, 2009 at 9:47am

I am also new to commercial real estate. I just attended 5 Star and has some awesome conversations with CCIM. I have partnered up with an 30+ year commerical agent in my office and we are signed up with CCIM and ready to rock and roll....

Comment by Johnny Huang on September 25, 2009 at 9:11pm

I'm a newb to commercial real estate, but have been in commercial insurance underwriting for 6 years. But I'm looking forward to making deals happen when my time comes :-)

Comment by Christine K on September 25, 2009 at 8:52pm

Hi Mario! thanks for starting this...I'm a CCIM candidate and look forward to collaborating with you in this group!