Commercial Real Estate Crash - CREOBA is Coming to Florida to help

The Commercial REO Brokers Association, CREOBA, is having two dinner meetings in Florida. June 16, 2009 in Miami and June 18, 2009 in Tampa. CREOBA is an association of commercial brokers that are specializing in helping the banks and loan servicers handle their delinquent commercial mortgage portfolio. The association is providing training programs to help commercial brokers provide the numerous tasks necessary to sell a bank owned commercial property. The dinner meeting is open to anyone connected to the real estate community, like mortgage brokers, escrow companies, lenders, asset managers, etc.

Miami, FL, and Tampa, FL (PRWEB) June 12, 2009 -- The Commercial REO Brokers Association, CREOBA, is having two dinner meetings in Florida.

CREOBA is an association of commercial brokers that are specializing in helping the banks and loan servicers handle their delinquent commercial mortgage portfolio. The association is providing training programs to help commercial brokers provide the numerous tasks necessary to sell a bank owned commercial property. The dinner meeting is open to anyone connected to the real estate community, like mortgage brokers, escrow companies, lenders, asset managers, etc.

Last year 4.5 billion dollars in commercial real estate was foreclosed by banks. This year, that figure could reach $20 billion with $200 billion more to come in the next few years.

The Commercial REO Brokers Association is having
Two Dinner Meetings in Florida

June 16, 2009 in Miami June 18, 2009 in Tampa

Place:
Hilton Miami Airport
5101 Blue Lagoon Drive
Miami, FL 33216
305-262-1000

Place:
Westin Tampa Harbour Island
725 South Harbour Island Blvd.
Tampa, FL 33602
813-229-5000

Come and meet the Management of CREOBA and receive an industry update on the Commercial Real Estate Foreclosure market. Interested parties may register by clicking here: http://www.creoba.com/calendar.php.

The Commercial REO Brokers Association, (CREOBA) was formed to assist the banks and loan servicers in selling their foreclosed commercial properties. Commercial brokers that are interested in selling bank owned properties are invited to come to the dinner meeting.

REO brokers with commercial background should also attend.

Ray McLaine, CREOBA President, pointed out that, "Last year 4.5 billion dollars in commercial real estate was foreclosed by banks. This year, that figure could reach $20 billion with $200 billion more to come in the next few years."

The Commercial REO Brokers Association is working with the banks and asset management companies to create standards of service and best practices between the bank REO departments and the brokers that will be selling their foreclosed properties.

Guest speaker James Bufalino is a commercial REO broker from Michigan. James has 150 commercial REO listings and received 20 more last month. He is one of the top commercial REO brokers in the country. He will provide some insight into what it takes to be a commercial REO broker, how he got so much business and how to value REO properties and complete BPO's.

Commercial brokers that are interested in selling bank owned properties are invited to come to the dinner meeting.

The dinner is open to all brokers and people in the real estate and lending community such as title officers, escrow officers, real estate attorneys, bankers and investors. Interested parties may register on the CREOBA.com website at: http://www.creoba.com/calendar.php

You can also "Learn about the CREOBA" by joining our weekly Webinar,

click: https://www2.gotomeeting.com/register/293200195

Seating is limited and our Last TWO Dinner Meeting were SOLD OUT.

So Register Early!

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