NAI Global Teams With NRC Realty For Online Sealed-Bid Auctions

Posted by Orb Staff on June 15, 2010 No Comments
Categories : Commercial Mortgage

obal, a network of commercial real estate firms, has formed an alliance with Chicago-based NRC Realty & Capital Advisors LLC. According to the companies, NRC will work with NAI Global brokers across the U.S. in disposing of single commercial properties and real estate asset portfolios via online sealed bid auctions. NRC conducts accelerated sales programs for commercial real estate using its proprietary technology, database and sealed-bid marketing and sales process. The company will become a strategic partner in NAI Global's Commercial Property PowerSale, adding to the program's live auction and loan portfolio sales capabilities. "NAI Global's Special Asset Solutions group assists banks, special servicers and others manage and dispose of assets throughout the U.S.,’ explains Jeffrey M. Finn, NAI Global president and CEO. ‘Clients are seeking heightened exposure of their assets and rapid disposition. We see the alliance with NRC as the perfect complement to the traditional brokerage, live outcry and Web services currently offered." SOURCE: [link=http://www.naiglobal.com./news.aspx?item=NAID00590627]NAI Global

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