Lloyd Berger of Berger Special Assets Named Receiver for Palm Vista in Fort Myers, FL

FORT LAUDERDALE, Fla. – Berger Special Assets, a division of Berger Commercial Realty Corp., announced Lloyd Berger (middle right photo)  has been named receiver for Palm Vista (top left photo) in Fort Myers, Fla.

The 136-unit property consists of 12 two-story buildings located at 3726 Central Ave in Fort Myers.

“We are positioned to successfully resolve the challenges of this failed property in a cost-efficient manner to restore the asset to its maximum value and occupancy,” said Berger, founder and president of Berger Commercial Realty Corp.

Palm Vista features one-bedroom/one-bath and two-bedroom/two-bath apartment units, as well as amenities such as a club house, playground, pool, and fitness center.

Berger Special Assets (BSA), a division of Berger Commercial Realty Corp., serves as receiver, management company, leasing and sales agent for distressed commercial and multi-family properties on behalf of lenders.

 Founded in late 2008, BSA grew exponentially in 2009 from nine active accounts in five cities and 16 properties to 25 cities with 128 properties, geographically expanding from South Florida to Tampa, St. Petersburg, Orlando, Daytona, the Southwest corridor and all points in between.

 In the process, Berger Commercial Realty Corp. and its subsidiaries have grown to a staff of 38 statewide.

The division continues to receive five to seven new accounts per month.

In addition to referrals from real estate attorneys and lenders, BSA now is seeing new assignments coming from debt investors acquiring distressed loan portfolios from lenders.

Berger Commercial Realty Corp., which was founded in 1998 as a full service commercial real estate firm.

 A Florida-based, independent and privately-owned firm, Berger Commercial Realty Corp. customizes services and adapts to clients’ needs, as well as to the ever changing real estate market.

 Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. Visit http://www.bergercommercial.com/.

. Broker Keith Graves Awarded CCIM Designation

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced broker and firm principal Keith R. Graves (bottom left photo)  has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the leading commercial real estate associations in the world.

The CCIM designation is awarded to commercial real estate professionals upon successful completion of a graduate-level education curriculum and presentation of a portfolio of qualifying experience. Graves was among 272 commercial real estate professionals who earned the designation by passing this year's CCIM Comprehensive Examination, the final component in the designation process.

Only about six percent of an estimated 150,000 commercial real estate practitioners nationwide hold the CCIM designation, which reflects not only the caliber of the program, but why it is one of the most coveted and respected designations in the industry.

CCIMs are recognized experts in commercial real estate brokerage, leasing, asset management, valuation, and investment analysis.

Graves is a member of the Realtor Association of Greater Fort Lauderdale and holds a Professional Designation of Real Property Administrator (RPA) from BOMI International. He earned his Bachelor of Science in business administration at Ashland University in Ohio.

CONTACT: Marielle Sologuren, Pierson Grant Public Relations, (954) 776-1999, ext 226 msologuren@piersongrant.com