NAI Global Names Buss SVP of Special Asset Solutions
Timothy P. Buss, CCIM joined NAI Global’s Special Asset Solutions group in Dallas as senior vice president. Buss, a lender solutions specialist, will work with banks and special servicers with distressed and REO assets.Buss has a strong background in the banking/financial services industry and commercial real estate. He previously founded and oversaw the lender solutions group of NAI Hiffman’s Asset Management practice. Before NAI, Buss spent a decade as an upper level executive at Lehman Brothers and Boatmen’s Bank/NationsBank, plus two years with FDIC. He also gained leadership experience while working in corporate services and as a principal at Trammell Crow Co.
His notable dealings include: serving as receiver for 16 properties involving 10 lenders; providing transaction management services to NationsBank in eight states–sold more than 100 closed banking centers; part of team that negotiated $1 billion portfolio of loans purchased from the FDIC under a loss share agreement.
“With his background as a banker, bank examiner and real estate services provider, Tim brings a unique perspective that is particularly valuable in helping lenders work through the complex problems in their troubled credit and REO portfolios,” said Jeffrey M. Finn, NAI Global president and CEO.
NAI Global’s Special Asset Solutions team provides asset management, property management, leasing, valuation and disposition services. It handles asset disposition and loan sales for national, regional and community banks.