NAI’s Greene takes top award

By Kyle Swenson Posted on February 27, 2009 at 2:22 pm

NAI Nashville Manager Partner Nate Greene was honored recently with NAI Global’s President’s Award for performance in 2008.

The award is meant to go “to the individual who best demonstrates a true commitment to the strategic vision of the organization by leading in action, teamwork and business generation,” according to a press release.

Greene was presented with the award at the company’s 2009 convention in Las Vegas this February. He was honored as the top executive among the company’s 5,000 employees spread across 55 countries.

permalink | Comment on this post

Tags: commercial real estate, NAI Nashville  

NAI targets troubled assets

By Kyle Swenson Posted on February 19, 2009 at 4:01 pm

NAI Nashville said today it would introduce new measures to help banks and owners sell troubled real estate holdings. The Commercial Property PowerSale, created by NAI Global, aims to accelerate the marketing of properties with a combination of live online property auctions and sealed bids. The initiative also looks to aggressively advertise assets in print, online and broadcast.

With more than $400 billion real estate loans coming due in 2009, many in the industry are expecting a flood of troubled assets to land in the hands of creditors. Already there are $25.7 billion in troubled assets in today’s market, according to numbers from Real Capital Analytics.

For more information visit NAI Global’s site.

permalink | Comment on this post

Tags: commercial real estate, distressed assets, NAI Global, NAI Nashville