Asset Management & Recovery
The Balmain Group has a dedicated Asset Management team headed by senior executives with significant
property and asset work-out experience. The Asset Management team has
a combined experience of over 80 years and works hand-in-glove with the Credit team. In instances where borrowers
experience difficulty this
ensures optimal loan recovery solutions from the underlying assets and guarantors.
On request the Asset Management team is available to provide strategic input into
the credit underwriting process. This may include the inspection of properties
proposed to be used as security and the provision of detailed market input on exit
strategies.
The team has been appointed to manage CRE debt portfolios totalling $A11 billion and currently manages $A5 of billion distressed CRE debt.