REO & RECEIVERSHIP

 

COLM Commercial has been property management and leasing experts in Central Oregon for decades. We work intelligently to find the best management solution for each asset and deliver on our promise of doing “More” to maximize the potential of your investment. COLM’s Receivership services include:

PROPERTY EVALUATION

COLM works closely with your REO division to establish demographics and current market trends to provide you with the most accurate value for your commercial property. We also evaluate the tenant mix and review each lease on your behalf.

SALES AND LEASING

The brokerage team at COLM is uniquely positioned to help lenders liquidate their properties. We’ll work to find tenants to offset your costs until the point of sale, and our goal is the same as yours —
To get REO properties off your books.

PROPERTY MANAGEMENT

We secure competitive bids for service contracts, such as landscaping, snow removal, and repairs to top quality, licensed contractors. By making sure your property is always in premium condition, we maximize its appeal to potential tenants and buyers.

Our staff is available 24/7 to ensure your property is taken care of at all times. In addition, we have an on‐staff day porter available to conduct property inspections and provide general clean‐up, and immediate response to emergency situations.

MAXIMIZING RETURN

COLM is committed to a client‐focused, value‐driven approach. We will find cost‐cutting and energy saving features to diminish monthly maintenance expenses, while working to promote your property to tenants and buyers to maximize lender return.

With over twenty‐five years of experience in this market, this new division is a
natural extension of our company’s core competency.

COLM has been hired on many occasions to manage, lease, and sell REO properties, and we have exceeded expectations in each scenario. Engaging COLM Commercial to manage bank‐owned assets can be a seamless benefit to all parties involved.