Brooklyn Special Assets Team

TerraCRG is solely dedicated to Brooklyn transactions covering investment sales and commercial leasing across every asset type. Our Special Asset and Loan Sale Advisory Team is leveraging our Brooklyn market expertise, in-depth knowledge, and 16 years of transactions throughout Brooklyn.

The Special Asset and Loan Sale Advisory Team has vast experience in providing strategic positioning and advisory services to lenders, specialty lenders, banks and private equity funds as they navigate the implications of a recessionary stage in the market cycle.

The team is led by Ofer Cohen, who founded TerraCRG in 2008 and worked through many special situation transactions in the 2008-2011 great recession period. Cohen’s first-hand market experience in Brooklyn includes loan sales, foreclosures, bank workouts, debt restructuring and loan and value-add advisory for REO and bank-owned assets.

Over the past 16 years, our leading market experts have completed some of the largest and most comprehensive portfolio, development, and repositioning transactions throughout Brooklyn. Additionally, our commercial leasing team is a differentiating component in our ability to service lenders, as their expertise in retail, industrial and office assets in Brooklyn can be tapped to evaluate, analyze, and inform repositioning strategy at any stage.

Only Brooklyn® loan advisory services include complimentary individual and portfolio loan valuations, collateral valuations; and and strategic restructuring and sale of special assets from holders of commercial real estate debt.

OFER COHEN
CEO, Special Asset Team Lead
OCohen@Terracrg.com

 

BROOKLYN EXPERTISE

The firm’s sole focus on Only Brooklyn® amplifies the team’s ability to help extract value in even the most difficult markets or situations. We believe that Brooklyn has been, and will continue to be, one of the best places in the world to live, work and invest, and despite shifts in the economy, there are opportunities to be made. Our continuous dialogue with buyers and investors has created long-standing relationships with the buying community and knowledge of buyer response.

BROOKLYN-FOCUSED ADVISORY SERVICES
  • Competitive Broker Opinion of Value
  • Retail and Office Leasing Analysis and Advisory
  • Foreclosure and Workout Strategies
  • Recovery Maximization Advisory
  • UCC Foreclosure Sales
  • Bankruptcy Related Valuation and Recapitalization
  • Financing Strategies for REO & Loan Acquisitions
  • Combined Property Level & Loan Level Valuation Strategies
  • Proven Marketing and Disposition Methodology
LOAN SALES
  • Non-Performing Loans
  • Sub-Performing Loans
  • Mezzanine Loans
  • Performing Loans
  • CMBS Loans
REO SALES
  • Sale of foreclosed properties for Lenders, Funds and Special Servicers
  • Expertise in all asset types in Brooklyn
  • Deed-In-Lieu Sales
  • Short Sale Executions