Talmer Bank

Talmer Bank

1301 East 9th Street
Cleveland, Ohio 44114

PROJECT OVERVIEW

Cushman & Wakefield | CRESCO Real Estate was selected for the dispositions of REO properties in the Cleveland and Akron Markets.

THE CHALLENGE

The REO properties included office buildings, industrial buildings, retail use apartment buildings and vacant land.

Most of the time, little or no information was available on these properties. We needed to put together a diverse marketing strategy that allowed us to quickly sell the REO properties at a price that allowed Talmer Bank to recover all or most of it’s investment, if possible.

THE SOLUTION

To create simple offering packages and get the information out to as many known local buyers as quickly as possible with as much detail we could gather from our research.

RESULTS ACHIEVED

Since 2012, CRESCO has been successful in disposing of seven (7) properties including three (3) apartment buildings, one (1) office building, three (3) mixed use properties and currently the last two (2) vacant land parcels are under contract.

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