Monday, May 13, 2013

Michael T. Fay Receives Global Recognition for Achievements through Colliers Asset Resolutions Team (CART)





                                                                    Michael T. Fay

MIAMI, FL -- Michael T. Fay, Chairman and Founding Partner of Colliers International South Florida, was honored in April with a global referral award for his initiatives through Colliers Asset Resolutions Team (CART).

Doug Frye
Doug Frye, Global CEO of Colliers International, presented the award to Fay for referring the most business throughout the globe from his relationships with various lenders and clients.

"Michael Fay has developed senior relationships that have created many opportunities for Colliers' business lines including brokerage, valuation and property management," Frye said.
 
Fay and his CART team maintain significant relationship with many of the world's largest commercial mortgage servicers, which include LNR, C-III Capital Partners, CW Capital, and Midland Servicers, as well as Fay's other corporate clients.

"With commercial real estate debt of more than $1 trillion expected to mature over the next five years, Colliers International expects to see continued revenue growth from initiatives handled through CART. Our opportunities to assist with asset resolutions will only increase over the next several years," said Fay.

 For a complete copy of the company’s news release, please contact:

Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138

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