The LOGS Network—a nationwide organization made up of professionals specializing in servicing and consumer credit—announced a joint venture with NRC Realty Advisors, LLC, on Friday.
Through the strategic partnership, NRC—a provider of accelerated real estate sales—will help The LOGS Network bring residential auction services to servicers and financial platforms that are now dealing with an influx of REO properties.
“The NRC/LOGS Joint Venture, LLC, combined knowledge and expertise represents a new and innovative cost savings approach to seamlessly dispose of the increasing inventory of foreclosed properties,” said Gerald Shapiro, chairman and chief executive officer of The LOGS Network.