Reducing loss, creating value for bank-owned properties
PTP-3.jpgFor real estate lenders there is one dreaded “F” word — foreclosure.   Three years ago, Zimmer recognized there would be fallout from the economic downturn and began developing its Lender Solutions practice.

That preparation has paid off recently for three lenders. Already this year, Zimmer has taken over management and brokerage for three bank REO (real estate owned) properties and is working to stabilize the properties and create value.

“Lenders can rely on our expertise in sales and leasing, management and financial accounting,” said Sonny Rogers, Director Corporate Services.  “By relying on Zimmer, we serve as a buffer between the new owner, tenants and vendors which takes the burden and responsibility off the lenders.”
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Spotlight: Zimmer Cares offers support for Cancer Center
ZimmerCaresLogo.jpgOn April 18, Zimmer officially kicked off fundraising efforts to help support the University of Kansas Hospital’s efforts to obtain the National Cancer Institute (NCI) designation. Zimmer and its employees have pledged to raise $10,000 toward this valuable cause, which will recognize KUMed’s excellence in cancer research, education and patient care and elevate Kansas City’s status as a treatment location.

This effort is part of the Zimmer Cares program that encompasses all of Zimmer’s philanthropic and community involvement. Zimmer places significant emphasis on engaging professionally and civically in the community in which we live and work.

If you wish to support the NCI efforts visit: www.kuendowment.org/cancer/NCI/zimmer
 
Spotlight: Gladstone 18
g18logo.jpgAmong the City of Gladstone, Missouri's plans to invigorate growth and bring an influx of new business lies a relatively unheard-of business idea. The City is using an incubator-style program as an appetizer for its grand plan of creating a new destination atmosphere for its downtown area.
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