Prudential | IPG announces the Commercial REO Division, a platform established to assist banks and lenders in managing the growing commercial default and REO pandemic in southern Nevada. The Las Vegas based operation is designed to work in conjunction with financial institutions Chief Credit Officers and/or Special Asset Managers providing a full range of services including:

Sales & Leasing of Commercial REO Property

Broker’s Price Evaluation

Property Inspection with Photos

Management Services, Including:

Property Re-key
Professional Cleaning
Utility Account Transfer

Marketing Services, Including:

Market Research
Sale/Lease Price Analysis
Collateral Production

Transaction Coordination from Default-to-Disposition.

In the News:

"Banks kick commercial real estate loans down road," www.reuters.com, July 23, 2009

"Why Toxic Assets Are So Hard to Clean Up," The Wall Street Journal, July 21, 2009

"For Those with Money: You Won't Find a Better Time to Be a Buyer," www.costar.com, June 24, 2009

"Worst in nation: Las Vegas commercial properties in distress," Las Vegas Sun, June 22, 2009

"Phoenix’s commercial market shows what awaits Vegas," Las Vegas Sun, April 27, 2009

"Las Vegas braces for commercial foreclosures," Las Vegas Sun, April 23, 2009

"Las Vegas banks hit hard by bad loans," Las Vegas Sun, April 23, 2009

Prudential Commercial Real Estate is a global system of commercial real estate industry leaders. Our local market knowledge of southern Nevada combined with an international presence makes us uniquely qualified to provide the highest level of commercial real estate services.