NEWPORT BEACH, Calif., April 3, 2013 /PRNewswire-iReach/ -- Brillion Asset Solutions, Inc., a Newport Beach-based asset management firm, announced Monday an expansion of its existing commercial real estate valuations service to 41 states.
According to a statement from Brillion, the expansion of the commercial valuations division "increases Brillion's significant footprint of serviceable jurisdictions and allows its clients to leverage Brillion's vast real estate practitioner network, leading to a more efficient and timely evaluation of performing and non-performing assets"
Brillion's proprietary, web-based, technology platform allows clients nationwide to log on 24 hours a day to place commercial valuations orders to be fulfilled and delivered in as little as four business days.
"Brillion combines the power of real-time real estate asset data with a network of comprehensively trained real estate professionals to deliver best-in-class commercial valuations fulfillment to the real estate and financial industries," said Max Kim, President of Brillion. "Additionally, all of Brillion's commercial valuations products include human eyes of the subject property, date-stamped photos and in-person inspections," added Kim.
Commercial valuations have become an increasingly valuable tool to a variety of entities (banks, credit unions, hedge funds, private equity firms, etc.) needing accurate and timely delivery of market data, field service review and real estate valuation at a cost-effective price. Commercial valuations are being used in pre-foreclosure evaluation, pre-lending due diligence, portfolio valuation, and all other retention and disposition strategies.
"Through our transaction portal developed specifically for Brillion, we are providing an all-inclusive environment for the ordering, tracking, and downloading of commercial valuations…and we do it very cost effectively, allowing us to pass along the savings to our clients," Kim added.
Brillion provides technology and realtor-based outsourcing solutions for banks, credit unions, hedge funds, REITs, private equity firms and high-net worth individuals. The company's valuation products include, but are not limited to: commercial valuations (BOV: broker opinion of value), in-person commercial property inspections, income-based commercial valuations, valuations performed by CCIMs and residential BPOs (broker opinions of value).
The company's expansion of its commercial valuations offering further completes its asset management suite of products and services, which include residential and commercial asset management and disposition, residential short sale services, residential deed-in-lieu fulfillment, auction-based asset liquidation and distressed homeowner outreach.
The company maintains two west coast campuses in Newport Beach, CA and Santa Ana, CA.
Brillion (BrillionAS.com) is a minority-owned business.
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Max Kim Brillion Asset Solutions, Inc., 949-579-9898, firstname.lastname@example.org
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SOURCE Brillion Asset Solutions, Inc.