Carlton has been in the sealed bid, oral auction and REO auction business since 1991. During this time, we have successfully auctioned and sold thousands of properties and loans for greater than $20 billion in sales value.

During the early 1990’s, Carlton was one of the largest auctioneers of commercial, residential loan and REO assets. Carlton Regularly provided auction services for some of the largest financial institutions in the world including, Lehman Brothers, Crossland Federal, Ocwen Financial, Lennar, Goldman Sachs, and numerous other institutional and private sellers. Auction assets included everything from residential 1-4 properties to office buildings. Since this time, Carlton has continued to improve and refine its various auction processes which include oral outcry auctions, online auctions and sealed bid Loan and REO sales. Carlton believes that whatever a client’s sales needs are, they have a proven and proprietary platform that can be customized to best suit those needs.

Since the beginning of the credit dislocation in 2007, Carlton has been one of the most active sealed bid auction firms and, as such, we have recently conducted billions of dollars in loan and REO sales for top institutional clients. These auction sales have led to great success in selling distressed assets including loans secured by land, partially completed residential developments, failed condo projects, retail and office properties, warehouse and hotels in a variety of states, most recently in Florida, Mississippi, Texas, California, Nevada, Indiana, North Carolina, South Carolina, Alabama and Georgia.

Today, Carlton remains one of the top loan sale and REO advisors in the country having arranged the sale of almost $14 billion of loan and REO assets.   The Loan Sales Group specializes in the due diligence, marketing and sale of performing, sub-performing, and non-performing residential, commercial, and consumer loan asset sales. Carlton’s clients have included investment banks, national and regional commercial banks, mortgage companies, hedge funds, Freddie Mac, insurance companies and various finance companies.

Carlton Advantage:

• Carlton Buyer Database – As a product of the $14 billion of completed loan sales transactions, Carlton has one of the largest and most comprehensive buyer databases in the industry. This database is continually updated to reflect the most aggressive loan and asset buyers in the secondary market today. New investors may have been sourced through our advertising programs, bank clients or networking with existing contacts. For all asset types, Carlton has the ability to source the most competitive buyers. For example, although there are numerous hedge funds, niche finance firms and other buyers of nonperforming commercial real estate loan assets, Carlton believes that they, more than anyone else can source the (a) local real estate players, (b) land developers still with liquidity and (c) firms that specifically target specific asset types (e.g. limited stay hotels or land development or strip shopping centers).Those specific groups seem to bridge the “bid-ask” gap better than any and are usually the only ones with evolved enough exit strategies to effectuate a true top-of-the-market price.

• Proven Processes – Carlton utilizes several sophisticated and competitive loan auction processes that are carried out in multiple phases, all of which are fully managed and controlled by Carlton as it advises its clients throughout the process. The competitive bid process generates multiple, non-contingent final bids from the most aggressive investors in the market for any given asset class. Through the competitive nature of these processes, loan sellers will receive the highest and best possible “market value” for their loan assets.

• Experienced and Professional Staff – Carlton employs a professional and experienced staff for everything from information technology to domain expertise in the collateral being marketed to trading experience, not just as brokers but as principals. As such, Carlton brings much more to the table than just a top tier database and proven system. Carlton’s staff takes its role as a fiduciary to our clients very seriously and negotiates and acts as though the assets being sold are our own.

• “Turn-Key” Operation - Carlton handles pre-sale due diligence, extensive marketing, information formatting and distribution, as well assistance with closing coordination between all buyers and sellers.

We believe Carlton’s clients feel strongly that they achieve excellent results and service through our process as most clients retain Carlton on an ongoing basis to continually assist them in managing their loan assets and balance sheets.

Carlton’s sophisticated technology platform serves to optimize its loan sale advisory process. Carlton has developed copyrighted, proprietary, web-based technologies that allow us to more efficiently and effectively manage the flow of transaction-related information to enhance deal execution and to better manage its loan sale business.

Carlton is committed to maintaining a state-of-the-art technology platform and our staffing includes a Chief Technology Officer who oversees the development of Carlton’s proprietary technologies and processes. The security of our platform has been tested and approved by several data security departments of our bank clients.