Understand that Special Asset management (SAM™) is an organization dedicated to the banking Industry. It was developed for and by, the lending community. Our primary objectives are promoting education and awareness of expertise needed in the unique real estate “workout” divisions within the lending and asset management industry and compliance with associated regulatory requirements. SAM streamlines its members’ execution of these real estate transactions critical to their banking business by improving their training, awareness of real estate experts’ qualifications and facilitating screening of specific potential vendors. Education and professional integrity is at the core of our principles and guides us towards our mission.

SAM was developed to provide Financial Institutions worldwide with a highly secure repository of professionals able to assist in the management, evaluation, acquisition and disposition of real property assets.

The principal tool we present our members is an algorithmic search tool connecting a full complement of real estate experts around the world. When a lender requires an expert(s) to evaluate a real estate asset, they utilize SAM Search™ and input specific criteria needed to evaluate an asset’s value and the options to conduct a successful transaction for all parties. This database of experts, aside from being categorized by competency and location, is also highlighted by specific expertise and professional credentials. This reflects the financial institution’s protocols relative to identifying preferred vendors.

Troubled assets were the primary initiative for financial institutions to utilize SAM, however it has evolved to allow an “open bid” process for all third party services related to asset management, disposition or development and has grown to include State and Federal agencies i.e. Offices of General Services.

SAM has also become a conduit to an educational platform that is a first of its kind, collaborative effort between, national trade associations, real estate scholars and various Academias.

SAM is establishing this not-for-profit Educational Institute with the primary initiative of certification programs in special asset (workout) management for SAM members. We have involved the Knowlij™ Network as the outsourced instructional design team to assist in the production and delivery of a professional development curriculum for bank personnel. It is the intention of SAM in conjunction with the various academia's and related national trade and real estate associations to create the educational institute as a collaborative effort with each group giving of a portion of their core competency to the institute.

SAM is proving to be the most effective organization in the global real estate community.