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CBRE Launches Online Loan Auction Service

LOS ANGELES-The new platform expands the company’s capabilities for assisting sellers in the disposition of commercial real estate loans.

By Natalie Dolce | Updated on February 01, 2011

LOS ANGELES-Locally based CB Richard Ellis Group Inc. has launched a new, proprietary online real estate loan auction service. The new platform expands the company’s capabilities for assisting sellers in the disposition of commercial real estate loans. 

The service provides an open, online auction bidding capability for the sale of commercial mortgages, according to a prepared statement. The proprietary, self contained, online platform complements CBRE’s traditional loan sales process and is supported by the same high quality marketing resources and market research.

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