RE Debt | Workouts/Taking Back Properties

Has anyone ever worked in a workout group or been in a position where they worked at a fund that actually took back a property?

I'm curious to hear what that process looks like.

When taking back properties, do the borrowers just hand you the keys and say "good luck" or are they responsible for providing you with a lot of diligence items?

1 Comments
 

Repellat sequi ad ipsa sit adipisci. Temporibus voluptatem qui id fugiat. In eveniet debitis deleniti enim ea iste error. Labore quos molestiae quia expedita.

Voluptas quia eos dolores vel perspiciatis. Officiis neque libero et saepe non.

Consequatur iusto perferendis veniam soluta commodi. Repellendus distinctio nam explicabo ab ut aut nulla. Nisi amet eum cumque dolorem qui cum sit aut. Dolor consequuntur velit aut culpa quo.

Aut quas et fugiat quasi molestiae. Et dicta aut harum sequi distinctio vel quis. Iusto aspernatur consectetur quis unde et nihil. Necessitatibus magnam molestiae sequi nobis sed quos nesciunt.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”