REO's

An integral aspect of CBG Capital’s success is based on the reciprocal relationships that we maintain with lenders.  From commercial banks to investment funds, to private individuals we have well established relationships with a diverse group of lending sources.  A reality of this business is that from time to time, financial institutions acquire real estate properties through foreclosure and carry them on their books as Other Real Estate Owned (“OREO”).  When a financial institution books a property as OREO it becomes a non-earning classified asset as required by federal and state banking regulation.  Accordingly, financial institutions are highly motivated to dispose of these properties in an expeditious manner, which often times presents extraordinary investment opportunities.  CBG has access to OREO properties through its lender contacts.

Listed below are the criteria to participate in CBG’s OREO purchase program:

• Minimum Net Worth of $10,000,000.00
• Accessible minimum investment of $3,000,000.00
• Ability to close escrow in 21-30 Days