North Fork Commercial has a long and distinguished history in the sale and management of REO/OREO and property and portfolios. Servicing the North Fork, Hamptons, Riverhead and surrounding hamlets, we offer a full range of quality asset management services which include property valuation, property preservation & reporting, and marketing.

Our services are designed to meet and exceed the needs of our clients ranging from  large and small lending financial institutions, special servicers, private equity firms and private loan and note investors. We specialize in REO/OREO management and maintenance of multi-family, mixed use, office and industrial assets with a solid track record of successfully improving and turning around REO/OREO properties.

Our Property Management Operation Services Include:

Whether the loan is distressed or the property has already been foreclosed, our goals remain same:

  • Pre-Marketing – Valuation, property preservation and evictions
  • Marketing – Customized marketing strategies to add value to each asset
  • Asset Sale – Offer management and negotiation and contract acceptance
  • Closing – Manage entire process including title issues, settlement and funding

Our Steps to Ensure the Success of Your REO/OREO Asset:

  • Conduct full and detailed assest inspections supplemented with comprehensive reports
  • Examination of tenant leases and rent roll compilation for delinquences and errors
  •  Full plan to emend tenant delinquencies and violations
  • Timely and frequent communication to ensure you are aware of all property issues
  • Monthly/Quartley operational reports 
  • Envoke cash for keys program, per case
  • Management of eviction process from inceptions through to completion
  • BPO management