LENDER SERVICES
When lenders need assistance in evaluating their real property collateral or managing their REO assets, they call ICON. We utilize our extensive knowledge of construction, entitlement, and property management to assist lenders and institutional investors in managing their due diligence, property evaluations and REO management needs. Our services include, but are not limited to, the following:
- Receivership and complete property management services
- Leasing and real property sales
- Physical property assessment
- Municipal compliance and sign-offs
- Tenant review and lease abstracting
- Preparation of stacking plans
- Preparation of operating budgets
- Oversight of corrective and maintenance work
ICON TAKES THE STRESS OUT OF DISTRESSED
We can evaluate the current condition of an asset in special servicing, including assessing its physical condition, determining the status of municipal permits and sign-offs, scoping, budgeting and managing corrective construction work from major to minor, lease abstracting, leasing and sales, complete property management and even performing the duties of a court appointed receiver prior to foreclosure to help our clients quickly get control of their assets.