The reformation of the Asset Recovery Division is in response to a growing demand and increasing number of inquiries from lending institutions and other real estate companies that need assistance with their distressed real estate properties in this challenging market.
The staff of Weichert Commercial’s Asset Recovery Division is formed from within Weichert Commercial’s highly experienced professionals who previously worked for Metland Properties Group, with expertise in property valuation, sales and leasing, project management, construction/development and property management. Since 1992, the Asset Recovery Team has completed hundreds of assignments ranging from consulting to construction projects, developer tasks and disposition marketing plans for over 19 banks in
Weichert Commercial’s Asset Recovery Division previously existed as Metland Properties Group, Inc. an affiliated company of Weichert Realtors, established in 1992. During this time, Metland Properties provided consulting and construction services and brokered distressed assets, handling portfolios ranging from 1-30 assets.
“Our Asset Recovery Division can effectively and professionally assess, advise, manage, construct/develop, revitalize and market properties within today’s complex marketplace,” stated John G. Udell, president. “This specialized division stands alone in the scope of services offered by our professional staff and that of our affiliated companies, thus eliminating the difficulty of engaging multiple companies to complete the cumbersome process associated with complex realty loans and properties.”
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Weichert Commercial Brokerage, Inc. is affiliated with Weichert Realtors, the nation’s largest and most successful independent real estate company, with over 19,000 sales associates and 500 company-owned and franchised sales offices in key markets throughout the
Weichert Commercial Brokerage, Inc. is a leading commercial brokerage company with offices throughout