Distressed Property Auctions
TriArchic professionals have garnered a wealth of experience in conducting the acquisition of commercial assets through on-line auctions. Our service begins with a rigorous due diligence process for each targeted property resulting in a rent roll analysis report, Proforma NOI and Recommended Bid Price. Our professionals draw upon intimate understanding of the local market to shepherd clients towards a profitable acquisition.
Notes at Auction
Frequently the most profitable acquisition is a non-performing note at auction. Many financial institutions, in an effort to avoid the time and expense typically associated with the foreclosure process and the issues associated with taking title to the underlying real estate, sell under-performing and non-performing assets, often at a substantial discount. Furthermore, current capital dislocation has forced numerous financial institutions to dispose of their performing mortgages to generate liquidity.
Due to the sophisticated nature of securing the underlining collateral, many investors are reticent to enter this maze of uncertainty. We are experts in the acquisition of both performing and non-performing mortgage loans and securing title on the collateralized assets.