Green River Capital, an REO asset management and loss mitigation provider, has expanded its services into the commercial real estate market.
The West Valley City, Utah-based company’s services for its commercial REO properties will include the disposition of assets, property maintenance, lease verification and property valuation. The firm also handles evictions, repairs and offers title services.
GRC will focus its services on small balance properties and handle any property type.
“There is a increasing need for commercial REO management,” said Brent Taggart, senior vice president of business development and client relations for Green River Capital.
GRC has brought in commercial REO specialists to its nationwide agent network to manage the increasing number of commercial delinquencies.
The industry anticipates a continued rise in commercial defaults, according to Taggart.
