ABOUT COMMERCIAL AGENT Larry Ilfeld

Larry Ilfeld is an advisor with SVN Walt Arnold Commercial Brokerage in Albuquerque, New Mexico specializing in the sale of office, industrial and retail properties and all types of land including large tracts for residential development. He began his real estate career in 1981 in New Hampshire and Massachusetts, and has brokered hundreds of transactions in a wide variety of property types.

Besides working in the general commercial and investment areas Ilfeld is a member of SVN's' national Asset Recovery Team (SVN-ART). SVN-ART is an alliance of SVN advisors with extensive background and experience in the field of special real estate assets: REO and loan workouts, asset evaluation and management, property preservation, risk management, accelerated marketing and auctionsealed bid sales.

During the calamitous real estate downturn in the Northeast in the early 1990's Ilfeld developed significant distressed asset and workout experience working with the FDIC and its major subcontractor, BankOne, selling commercial real estate assets for both entities as part of the area's market turnaround process.

One of Ilfeld's many notable land transactions in New Mexico is the $13M sale of a 141 acre mixed-use site in Cabezon Communities, Rio Rancho. The property had been entitled and master planned through a partnership with a leading area developer but had previously been unsaleable due to longstanding legal entanglements. The over two-year transaction process produced a major commercial project for Rio Rancho that includes the new state of the art Presbyterian Rust Medical Center.

Ilfeld holds the Certified Commercial Investment Member (CCIM) designation from the CCIM Institute and is 1 of only 2 Accredited Land Consultants (ALC) in New Mexico. He is a member of the CCIM Institute, REALTORS Land Institute, National Association of REALTORS (NAR), New Mexico Assoc. of REALTORS (NMAR) and the Commercial Association of REALTORS of New Mexico (CARNM).