In early May, NAI Global’s Special Asset Solutions team responded to an inquiry from a major international investment fund interested in bidding on a portfolio of over $1 billion in notes being offered to the market. In order to assist the customer in developing their offer, NAI Global was asked to rapidly coordinate the development of 101 Broker Opinions of Value. These BOVs were critical to the client as they were part of a test sample used to estimate values of over 1,500 loan notes throughout the nation. The assets that were evaluated were located in 66 separate markets and covered a range of asset classes including land, multifamily, office, retail and industrial properties. They also needed all the BOVs completed in seven days.
NAI’s offices around the country worked together to get this done. We truly believe there is no other commercial real estate organization in the nation that could accomplish this job. On May 28, NAI Global delivered 101 BOVs and a master spreadsheet amounting to 380 pages of work product to the customer.
Do you need assistance with commercial real estate in your market or a market somewhere else in the world? If so, give NAI Southern Real Estate a call today at 704-375-1000.
