Evergreen Commercial Advisors consulting manager Roger Arenswald says the market dictated the company's decision to form the group. Given the current economy, there is going to be some opportunity in the field. "We're not looking to purchase or snatch up distressed assets, but to take care of, or help people who have distressed assets analyze what they have, manage it, and continue to protect the value," Arenswald tells GlobeSt.com.

Evergreen Commercial Advisors offers financial consulting and analysis; asset management and project management and development. The latter includes entitlements, permitting, construction management and even LEED certification strategy. Arenswald says Evergreen Commercial Advisors already has its first client, a bank that is foreclosing on land.

Though banks aren't Evergreen Commercial Advisors' sole market, Arenswald says the financial institutions have the strongest need right now for help. "Banks, primarily, are the ones holding onto a lot of these assets," he explains. "They don't want to be landlords. A year ago or so they could dispose of these assets quickly." But with the markets today, quick disposal is not an option, he points out.

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