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Argus-RIISnet Distressed Asset Solution
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A unified, complete solution for the triage and disposition of CRE Distressed Assets....

A unified, complete solution for the triage and disposition of CRE Distressed Assets.

A timely solution offering experienced, proven national asset management expertise who provide asset review, workout or foreclosure triage working in concert with Argus next generation information sharing and a paradigm shift in transaction efficiency powered by RIISnet.

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  • RIISnet offers a fully integrated solution for all distressed assets regardless of size, value, property type, or location. The web based platform allows for instant electronic global access to every asset and the ability to allow visibility to all stakeholders using password protected entry. The process of review, recommendation, work out and disposition is made highly efficient through the joint efforts of Alliance, Argus, and RIISnet. Standard templates will be supplied for information management. All of this will create faster transactions and higher prices.
  • Alliance Commercial Partners is the first step in the process. Alliance will quickly catalog each property and offer recommendations for each asset. Alliance will also be available to facilitate the workout process and handle any property specific issues. All property, financial, and market information will be stored in the Argus Collaboration Zone allowing password protected access to all stakeholders connected to each property. If the decision is to dispose of the assets, they will instantly transfer to The Argus Transaction Zone where instant alignment will take place and active buyers will be elctronically notified about the asset’s availability.
  • The Transaction Zone can also handle direct disposition requirements. Alliance will still catalog assets, and the assets will then go straight into the Transaction Zone for the first step of the disposition process.
  • The Transaction Zone is the first step in the disposition process. It is there that buyers are matched to assets and invited into a virtual deal room where they can view the relevant documents related to the asset. The seller and all buyers can communicate immediately and begin their due diligence process. If after 15 days, the process does not appear to be fruitful, a broker will be selected and the asset will then be presented through the classic brokerage process. After 60 days, if brokerage efforts are not successful, the asset will be sent to a national auction company for the last sales phase.
  • This will work with any asset

Argus-RIISnet Distressed Asset Solution Presentation Transcript

  • 1. Commercial Real Estate Innovators Argus Zone DISTRESSED ASSET SOLUTION  Integrated Solution  Global Access  Fully Transparent Asset Management  Maximally Efficient & Advice Collaboration Zone  Consistent Reporting  Better Prices  Faster Transactions  Full Broker Participation © 2009 RIISnet, LLC
  • 2. Commercial Real Estate Innovators COMPLETE DISTRESSED ASSET SOLUTION  Efficient Internet based Transaction System  Consistent, high- Asset Management quality, marketing & Advice Collaboration Zone information  Knowledgeable asset management services  Multiple Sales Strategies © 2009 RIISnet, LLC
  • 3. Commercial Real Estate Innovators COMPLETE DISTRESSED ASSET SOLUTION Asset Management & Advice Collaboration Zone WORK-OUT INFORMATION DISPOSITION Analysis, evaluation, a All property Instantly match assets to nd restructuring. information is active qualified buyer password protected searches. Determine whether to and available on line work- in standard data Structure deals by out, reposition, or formats including inviting the most dispose of the asset. property, market, site, qualified buyers into the and financial data. Collaboration Zone. Global access to all CRE brokerage service providers. © 2009 RIISnet, LLC
  • 4. Commercial Real Estate Innovators COMPLETE DISTRESSED ASSET SOLUTION Brokers Supply and Demand Investors DDD Funds Advisors Electronic REITs REOCs Inter-Connectivity Lenders Work out recommendations Collaboration Zone Investors Advisors Funds Special Asset Receivers Assets Management Disposition FDIC and & Advice REO GSA REITs REOCs Transactions © 2009 RIISnet, LLC
  • 5. Commercial Real Estate Innovators ANY ASSET SALES SOLUTION TALF DDDD DDDDDDD Supply and Demand TARP FDIC GSA Asset Lenders Management Lawyers & Advice Investors 1031 SWF Loans, distressed and stable assets, excess inventory REITs Funds Advisors REOCs Transactions Collaboration Zone Brokers © 2009 RIISnet, LLC
  • 6. Commercial Real Estate Innovators DISPOSITION PROCESS Collaboration Zone ELECTRONIC BROKERAGE AUCTION ALIGNMENT All properties are If the initial matching If brokerage company initially uploaded to of qualified buyers to is not successful in the Transaction Zone asset does not move marketing the and aligned with forward in a timely asset, after 60 fashion, the property days, the asset will be current qualified is delivered to a delivered to a national demand. Buyers are qualified broker to web based auction alerted to the push information out company. availability of the asset to a larger pool of and are invited into the buyers. Collaboration Zone to view property data. © 2009 RIISnet, LLC
  • 7. Commercial Real Estate Innovators ASSET MANAGEMENT Open Alliance of Proven, Reputable National Asset Management Firms Providing Argus Zone Customers with: Professional Asset Management Services © 2009 RIISnet, LLC
  • 8. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION Distressed Asset Solution Partners Provide:  VALUE-ADD, PROPERTY TURNAROUND  ASSET REVIEW AND EVALUATION  PRE-FORECLOSURE WORKOUT  FORECLOSURE PROCESS  POST-FORECLOSURE WORKOUT  SALES OF FORECLOSED ASSETS © 2009 RIISnet, LLC
  • 9. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION VALUE-ADD, PROPERTY TURNAROUND  Asset Management Consultants  National Network of Staff With Significant Experience  Broad Knowledge Resources of Lenders and Special Servicers © 2009 RIISnet, LLC
  • 10. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION ASSET REVIEW AND EVALUATION  Assess Current Valuation  Determine Stabilized Value  Estimate Cost to Stabilize  Triage Recommendation: Possible Workout or Foreclosure  Single Assets or Portfolios © 2009 RIISnet, LLC
  • 11. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION PRE-FORECLOSURE WORKOUT  Develop Workout Strategy  Engage Borrower  Seek Third-Party Capital as Needed  Design, Recommend and Implement Loan Restructuring  At Lender’s Option, Capital & Asset Management © 2009 RIISnet, LLC
  • 12. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION FORECLOSURE PROCESS  Develop REO Strategy: Sale or Workout  Engage Third-Party Consultants  Work With Lender’s Foreclosure Team © 2009 RIISnet, LLC
  • 13. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION POST-FORECLOSURE WORKOUT  Recovery Plan & Proforma  Identify Additional Capital Requirements  Source New Capital and Asset Management Resources  At Lender’s Option, Asset Manager and Capital Provider © 2009 RIISnet, LLC
  • 14. Commercial Real Estate Innovators MANAGEMENT & CONSULTATION SALES OF FORECLOSED ASSETS  Use Argus Zone /RIISnet Distressed Asset Solution  Or Hire Traditional Investment Sales Broker  Manage The Sales Process © 2009 RIISnet, LLC
  • 15. Commercial Real Estate Innovators TRANSACTION MANAGEMENT Asset Management Collaboration & Advice Zone © 2009 RIISnet, LLC
  • 16. Commercial Real Estate Innovators TRANSACTION ZONE POWERED BY RIISNET ATZ User ******** © 2009 RIISnet, LLC
  • 17. Commercial Real Estate Innovators RIISNET MARKET TRANSFORMATION Inefficient Efficient Historical Real-Time Push Pull © 2009 RIISnet, LLC
  • 18. Commercial Real Estate Innovators A NEW CENTRALIZED MARKETPLACE™ All parties to the transaction can focus on the property throughout its life cycle via password protected on-line access to the Argus Collaboration Zone Financial People Demographics Market Physical Portfolio © 2009 RIISnet, LLC
  • 19. Commercial Real Estate Innovators RIISNET HOLD BOX Matching properties to # of new buyers # of competing become available in the looking for this properties next 12 months property in the next currently for sale 12 months Registered users with active searches Hold Box (Section Help) matching property Property Variables Current Activity Annual A&D Plans Industry Assets Property Name Type Loc Price Cap IB # For Sale Disposition Acquisition Bridge Plaza R-CC NY $46M 6.6 121 31 140 360 850 Gilroy Landing R-PC NY $86M 5.8 153 56 93 137 725 River Chase R-SC GA $6.9M 8.0 92 111 180 295 525 Sandhill Square R-PC NY $95M 6.4 136 57 87 185 615 Town Center R-NC FL $16.7M 6.8 152 33 105 123 552 Valley River R-SRC GA $136M 5.8 96 55 122 110 914 © 2009 RIISnet, LLC
  • 20. Commercial Real Estate Innovators PORTFOLIO MATCHING MY PROPERTIES MY PROPERTIES ADD PROPERTY My Properties (Page Help) Add New Property Hold Box (Section Help) Property Variables Current Activity Annual A&D Plans Industry Assets Property Name Type Loc Price Cap IB # For Sale Disposition Acquisition Bridge Plaza R-CC NY $46M 6.6 121 31 140 360 850 Gilroy Landing R-PC NY $86M 5.8 153 56 93 137 725 River Chase R-SC GA $6.9M 8.0 92 111 180 295 525 Sandhill Square R-PC NY $95M 6.4 136 57 87 185 615 Town Center R-NC FL $16.7M 6.8 152 33 105 123 552 Valley River R-SRC GA $136M 5.8 96 55 122 110 914 6 Propertiesin Hold Box Properties in Hold Box © 2009 RIISnet, LLC
  • 21. Commercial Real Estate Innovators PUSH MARKETING Seller/Broker Historical Historical Historical Historical Buyer Buyer Buyer Historical Buyer Historical Historical Historical Historical Historical Historical Historical Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Historical Historical Historical Historical Historical Historical Historical Historical Historical Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer © 2009 RIISnet, LLC
  • 22. Commercial Real Estate Innovators PULL MARKETING Seller/Broker Interested Interested Historical Historical Interested Historical Buyer Historical Buyer Buyer Buyer Buyer Buyer Historical Buyer Historical Historical Historical Historical Historical Historical Historical Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Historical Interested Historical Interested Historical Interested Historical Interested Historical Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer © 2009 RIISnet, LLC
  • 23. Commercial Real Estate Innovators PULL MARKETING VDR - Command Center Seller/Broker Interested Interested Historical Buyer Historical Historical Buyer Historical Buyer Interested Buyer Buyer Historical Buyer Historical Buyer Historical Historical Historical Historical Historical Historical Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer storical Historical Interested Historical Historical Interested Historical Interested Historical Historical Historical Interested Historical uyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer © 2009 RIISnet, LLC
  • 24. Commercial Real Estate Innovators RIISNET TRANSACTION MODEL Acquisition and Collaboration Disposition Zone Decisions Specific Assets Immediate Property Data And Access Market Data to Demographics Interested People Buyers Supply and Information Demand Services © 2009 RIISnet, LLC
  • 25. Commercial Real Estate Innovators ARGUS COLLABORATION ZONE Password-protected electronic access to asset-specific folders © 2009 RIISnet, LLC
  • 26. Commercial Real Estate Innovators ARGUS COLLABORATION ZONE Password-protected electronic access to information-specific folders for each asset © 2009 RIISnet, LLC
  • 27. Commercial Real Estate Innovators Argus DAS powered by RIISnet SELLERS BUYERS Lenders Investors Advisors Funds Investors Attorneys Asset SWF Management FDIC & Advice Collaboration Zone REITs Supply Demand GSA Funds Brokers Advisors Investors REOCs Funds Brokers Advisors REITs REOCs Brokerage Assignment and Transactions © 2009 RIISnet, LLC
  • 28. Commercial Real Estate Innovators COMPLETE DISTRESSED ASSET SOLUTION  Efficient Internet based transaction system  Consistent, high- Asset Management quality, marketing & Advice Collaboration Zone information  Knowledgeable asset management services  Multiple sales strategies © 2009 RIISnet, LLC