Hi guys, I was trying to figure out how to find bank owned commercial real estate properties that are for sale. Are there specific brokers or sites where you can find them?
You can search all the brokers sites as well as Loopnet and CREXI. Also you can pay for Reonomy and find pre-foreclosures, foreclosures and lots of other types of situations.
You can also call commercial banks and ask for the REO Dept or special assets manager and get a list of properties.
I know certain brokers have relationships with specific banks and get all their foreclosed inventory.