The new division will focus on helping lending institutions address various needs for workout or foreclosure procedures in all commercial and business property types. Zegota has prior experience in liquidating special assets for major institutions including Bank of America, SouthTrust, Amresco and Resolution Trust Corp.
"I look forward to working with bankers and other lenders who need assistance with special assets," Zegota says. "These are complicated times with complicated issues and we are committed to helping financial institutions work through their issues."
Zegota owned his own firm specializing in special assets for 18 years before merging with Grubb & Ellis Co. in 1999. He has served two terms as president of the Florida Gulfcoast Commercial Association of Realtors and once was a candidate for Hillsborough County circuit court clerk.
CLW Real Estate is a privately held company that provides a broad spectrum of commercial real estate services to institutional clients throughout the US. Services include multi-market tenant representation, project management, investment sales, development and consulting services.
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