News and Tips
Critical Steps to Successful CRE Transactions: Checklist & Training
More to follow on this, but we can help you develop an excellent checklist - and as us about our Default checklist for your Special Assets team (we will send it to you upon request). But a checklist is never a substitute for development of substantive knowledge. Insure that you don't have "box-checkers" and you've given everyone the tools to do there best work!
Tips for Special Assets Teams
We'll be adding new Tips each Month!
December 2020 - Make sure you budget for Training!!!
January 1, 2021: Make sure you issue a Reservation of Rights Letters AND have an executed Pre-negotiation Letter in place before you start working with borrowers. Don't have one? Contact your attorney - and make sure your team understands and complies with the terms too!