NAI Global Names Buss SVP of Special Asset Solutions

January 10, 2011

Timothy P. Buss, CCIM joined NAI Global’s Special Asset Solutions group in Dallas as senior vice president. Buss, a lender solutions specialist, will work with banks and special servicers with distressed and REO assets.Buss has a strong background in the banking/financial services industry and commercial real estate. He previously founded and oversaw the lender solutions group of NAI Hiffman’s Asset Management practice. Before NAI, Buss spent a decade as an upper level executive at Lehman Brothers and Boatmen’s Bank/NationsBank, plus two years with FDIC. He also gained leadership experience while working in corporate services and as a principal at Trammell Crow Co.

His notable dealings include: serving as receiver for 16 properties involving 10 lenders; providing transaction management services to NationsBank in eight states–sold more than 100 closed banking centers; part of team that negotiated $1 billion portfolio of loans purchased from the FDIC under a loss share agreement.

“With his background as a banker, bank examiner and real estate services provider, Tim brings a unique perspective that is particularly valuable in helping lenders work through the complex problems in their troubled credit and REO portfolios,” said Jeffrey M. Finn, NAI Global president and CEO.

NAI Global’s Special Asset Solutions team provides asset management, property management, leasing, valuation and disposition services. It handles asset disposition and loan sales for national, regional and community banks.

Source: CoStar.com

Posted by NAI Hiffman | Filed Under NAI Global, New Hires/Promotions 

NAI Hiffman hires office broker Jack Reardon

September 20, 2010

Jack Reardon, a veteran broker who specializes in representing office landlords in the northwest suburbs, has joined NAI Hiffman as a senior vice-president. Mr. Reardon, 47, spent more than a decade with CB Richard Ellis Inc. before jumping to Cushman & Wakefield Inc. in February. He was recruited to Cushman by Aaron Block, who was ousted as head of the Chicago region this spring after less than a year on the job. At Oakbrook Terrace-based NAI Hiffman, Mr. Reardon will focus on the north and northwest suburbs and the O’Hare market as part of a team led by NAI Hiffman Managing Director Michael Flynn. A local spokeswoman for Cushman declines to comment.

Link to the original article in Crain’s Chicago Business

Posted by NAI Hiffman | Filed Under General Business, Media Coverage, New Hires/Promotions, Office 

People on the Move

August 26, 2010

Bronson skaggsNAI HIFFMAN, Oakbrook Terrace: Joe Bronson, 37, pictured, to vice-president in the industrial services group, from vice-president at Darwin Realty & Development Corp. Also, Jon Skaggs, 30, to art director, from graphic designer, and Jonelle Ocwieja, 29, and Chris Zivalich, 34, to property manager, from assistant property manager.

Source: ChicagoBusiness.com

Posted by NAI Hiffman | Filed Under New Hires/Promotions