Sentences with phrase «asset disposition group»

«If we're close to completing a foreclosure, though, it makes more financial sense to take the property back,» says Charles Krawitz, senior sales manager of the loan asset disposition group at Fifth Third Bank in Cincinnati.

Not exact matches

The Offer is conditioned upon, among other things, (i) the Nominees being elected to the Board at the Special Meeting or otherwise being appointed to, and constituting a majority of, the members of the Board, (ii) the Board redeeming the «poison pill,» or our being satisfied in our reasonable discretion that the «poison pill» is otherwise inapplicable to the Offer, the BVF Group or any affiliates or associates of the BVF Group, and (iii) Avigen not having authorized, recommended, proposed, announced its intent to enter into or entered into an agreement with respect to or effected any merger, consolidation, liquidation, dissolution, business combination, acquisition of assets, disposition of assets, alternative strategy or relinquishment of any material contract or other right of Avigen or any comparable event or capital depleting transaction not in the ordinary course of business.

Prior to that, he was Managing Director in charge of Citigroup «s Global Real Estate Equity and Structured Finance group where, among other things, he built the bank's global sale - leaseback advisory practice and oversaw the disposition of $ 5 billion of Citigroup's foreclosed real estate assets.