New York Investment Group

Comment

Comment by Jeff Smith on July 18, 2009 at 1:56pm

New paradigm shifting Distressed Asset Solution a joint initiative of ARGUS, RIISnet and other leading industry service providers:

Take the Stress out of Distressed Asset Acquisition and Disposition!
This accumulation of distressed assets our industry has ever seen deserves a departure from convention...

ARGUS & RIISnet join forces to create the most efficient and comprehensive Distressed Asset Solution just in time for the largest accumulation of distressed assets our industry has ever seen.

There is no doubt that the processing and disposition of the massive amounts of distressed assets in the market today is the issue of the hour for commercial real estate. While the opportunities for education, networking and meaningful discussion on this topic are abundant, there are few consortiums with concrete action plans that take advantage of emerging technologies and efficient new methods for trading these assets.

A NYC based open forum will introduce ADAPT: Argus Distressed Asset Plan & Technology

Event Date: Next Thursday July 23rd 8:15pm to 4:30pm, lunch provided
The Distressed Asset Solution will be available in person or via Webex @ 10:30am to 11:30 am

Webex invites will be sent out Tuesday evening to email requests via CREOpoint event registration:

To register and view agenda: click here >> http://cp20.com/Tracking/t.c?7NoB-4eFY-EB0uf7

or email your requests to:

Mark Kingston mkingston@argussoftware.com or Jeff Smith jeff.smith@riisnet.com

ATZ powered by RIISnet Flash Overviews:
http://riisnet.com/Flash/RIISnetRealcomm.html
http://riisnet.com/Flash/RIISnetoverview.html

The web-based platform we will employ in this collaborative endeavor allows for instant electronic global access to assets and allows visibility to all stakeholders using password protected entry. The process of review, recommendation, workout and disposition is made highly efficient through the joint efforts of Alliance, ARGUS, and RIISnet.

The ARGUS Distressed Asset Plan & Technology (ADAPT) powered by RIISnet:
RIISnet's 21st century efficiencies combined with ARGUS' connectivity to the largest CRE database in the world and the addition of new financial solutions like ARGUS Request FC and ARGUS Online provides the most powerful Distressed Asset Solution, just in time to accommodate the largest accumulation of distressed assets our industry has ever seen.

Solution:

ADAPT allows for the standardized, confidential, real-time alignment of supply and demand criteria while providing the lender with key decision point analytics found nowhere else in the industry.

ADAPT provides the following solutions to enable supply to confidentially acquire key decision point analytics and demand aggregation:

• ARGUS Request FC and ARGUS Online
• ARGUS Transaction Zone's (ATZ) ability to align variable asset criteria with market cross-section demand
• ATZ asset management teams ability to triage assets in total confidentiality
• ATZ confidential buyer access and input

Result:

Lenders, in total anonymity can triage toxic assets, prepare them for sale, determine which assets will successively fail and when, quickly aggregate to specific demand and engage in anonymous or confidential discussions with key buyers.

Note: You must sign in or register as a member of CREOpoint before you may RSVP.

Mark and I welcome your participation and feedback.
Please contact us by email if you have any questions.

Jeff Smith
RIISnet, LLC, Founder & CEO
jeff.smith@riisnet.com www.riisnet.com