Tagor | Real Estate Management

We are responsible for the oversight and management of all aspects and administration secured NPL’s & REO portfolios.

The range of activities we deliver include: portfolio oversight including management and administration, control of cash, data and critical portfolio reports, financial reporting.

Tagor processes and actions in servicing secured corporate non-performing loans

During observation/ reorganization period

Managing insolvency process for allocated debtors
Managing communication with insolvency practitioners
Defining the best legal approach in order to implements recovery strategy defined by Portfolio Manager – restructuring process
Providing all documents needed in insolvency procedure and managing all legal deadlines
Diagnostic of reorganization plan (value of receivable recorded, voting position, collection estimated at this stage)
Management of liquidators including fees negotiation and other costs of the procedure
Participation in the Creditors Assembly
Identifying possible options to increase recovered amounts
Evaluating and pricing assets
Tactical decisions before liquidation and auctions
Analysis of business plan and actual situation SWAT analysis
Assessment of operations, financial and cash flow projections
Performance benchmarking, identification of gaps and measures required to bridge the gaps
Assessment of restructuring alternatives
Negotiations
Identification of assets that may be sold to generate cash

During foreclosure, bankruptcy, liquidation

Initiate and monitor foreclosure process
Control allocated court executors network in order to insure proper reporting and process efficiency
Manage all communication with court executors including strategies to be adopted for each case
Make the auction/selling process more transparent as many potential buyers are not in the market due to lack of information
Attract new customer groups to the market (eg. Small private investors)
Push the sales of assets B2C in auctions with focus on the online communication channel and B2B by direct sales through agencies or by in house sales team
Establish an ecosystem of partners (real estate agencies, online portals, media) to support the rollout of the strategy
Meetings (explain the process to clients).
Sign an agreement.
Provide Auctions Guide.
Provide Auctions Calendar on a weekly basis.
Provide written offers addressed to court executor or bailiff.
The asset is sold within the auction => Payment.
The asset is not sold within the auction => Restart Process