RED DOOR REAL ESTATE GROUP is a commercial real estate brokerage that specializes in the acquisition, disposition and management of distressed commercial properties and commercial REO’s.
Aside from traditional brokerage services, we assist banks and lenders in fully evaluating their REO’s in an effort to properly price and market them for sale. Depending on the type of property, we consider its value based on various valuation approaches as well as on factors like age of structure and deferred maintenance. Additionally, we consider market vacancy, lease rates, trends, absorption, demographics, tenant credit worthiness are also factors. We are able to provide broker price opinions (BPO) of value on properties by using a variety of approaches in order to offer a price opinion that is comprehensive and accurate.
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