• NAI Global Forms Alliance with
    NRC Realty & Capital Advisors for
    Online Sealed-Bid Auctions

    NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, has formed an alliance with NRC Realty & Capital Advisors, LLC. NRC will work with NAI Global brokers across the U.S. in disposing of single commercial properties and real estate asset portfolios.

    NRC will become a strategic partner in the Commercial Property PowerSale™, adding to the program’s live auction and loan portfolio sales capabilities.

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  • NRC Realty Advisors changes name to
    NRC Realty & Capital Advisors

    To highlight its growth in financial advisory services since 2004, NRC Realty Advisors, LLC, a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sales, has changed its name to NRC Realty & Capital Advisors, LLC.

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  • NRC Sells Rising Tide Auctions
    to Lender Processing Services, Inc.

    NOVEMBER 23, 2009, CHICAGO – NRC Realty & Capital Advisors, LLC (NRC) announced that, along with its partners, it has sold Rising Tide National Auction & REO Solutions, LLC (d/b/a Rising Tide Auctions), to Jacksonville, Fla.-based Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries.

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  • NRC to Coordinate Nationwide Sale of
    More than 60 Former Bennigan's, Steak & Ale Properties

    CHICAGO, IL, September 17, 2008 -- More than 60 former Bennigan's Grill and Tavern and Steak & Ale properties located throughout the United States in prime, heavily trafficked locations will be sold next month in a sealed bid sale coordinated by NRC Realty & Capital Advisors, LLC. The bid deadline for the sealed bid sale is October 28, 2008.

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  • NRC Mart Opens ‘Doors’

    From the CSP Daily News

    CHICAGO -- NRC Realty & Capital Advisors LLC (NRC) has rolled out NRC Mart, a service for sellers of single or multiple convenience stores that capitalizes on NRC's extensive credentials in the sale of large portfolios. NRC Mart launched yesterday with an initial listing of approximately 20 c-stores with gasoline in Southern California, Arizona and Connecticut valued at $40 million, but is expected to have additional stores for sale in Chicago, Atlanta and other cities in the near future.

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Corporate News

Tuesday, February 2, 2010

Joseph J. Ori Joins NRC Realty & Capital Advisors as Senior Vice President in California Office

CHICAGO - Joseph J. Ori joined NRC Realty & Capital Advisors, LLC as senior vice president of commercial real estate business development in the firm's Santa Monica, California office.

NRC Realty & Capital Advisors, LLC is a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sale. The firm provides a full array of real estate and financial advisory services, including: Portfolio Analysis and Optimization; Refinancing, Recapitalization and Sale-Leaseback Financing Options; Workouts and Restructures, Divestiture Strategies; and Merger and Corporate Acquisition Opportunities (sell side and buy side).

Ori brings extensive experience to his new position, having completed more than $2 billion in transactions including real estate financings, acquisitions, investments, loan securitizations, equity financings, investment brokerage and sales, leasing transactions and advisory services.

Prior to joining NRC, Ori was chief investment officer of Rhodes Companies, LLC, a Las Vegas-based homebuilder and land developer. Ori also served as chief financial officer of Lynch Investments, LLC, a San Francisco-based real estate investment fund, managing partner of a real estate fund for Rochdale Investment Management LLC, and various other senior level positions in real estate finance, investment banking, acquisitions and advisory services. He has also authored more than 30 articles on commercial real estate matters.

“Joe's extensive background and problem-solving solutions will prove very beneficial to our customers during these challenging economic times,” says Evan Gladstone, Executive Managing Director, NRC Realty & Capital Advisors.

Ori is a Certified Public Accountant, a Chartered Financial Analyst and a Licensed Real Estate Broker in California. He is a member of the CFA Institute, the Urban Land Institute and the DePaul University Alumni Association.

He holds a Bachelor of Science degree in accounting from Southern Illinois University, a Masters of Business Administration degree in finance from DePaul University, and completed an Executive Program in Financial Management at Harvard Business School.