Commercial Real Estate - Bank OREOs

Coldwell Banker Commercial Benchmark, Jacksonville and Ormond Beach, FL, have developed teams of specialists working to support banks dispose of troubled assets in a sound financial effort, assisting them to preserve capital. These efforts have already payed off for a few banks following sales of assets to investors at prices below market in some cases, but allowing them to protect their balance sheets. The Jacksonville team is led by Colin Nicholson while G.G. Galloway leads the Ormond Beach group.