Testimonial - Richard R. Sangberg

For the past eight years, I have been working in a lender’s owned real estate department, handling a large volume of commercial and residential properties located in the Western States and Texas.

In this capacity, I have had the opportunity to work with numerous real estate brokers, agents, asset and property managers. Every once and a while, you will be fortunate enough to come in contact with an individual who has the ability, knowledge, and integrity to work for an absentee lender, owner, and perform a very important function. This person will know the current market rates and values, have good contacts in the area, and be willing to take any and all steps needed to perform. They will take care of the property as if it were their own.

This past year I have had the extreme pleasure of working with such an individual, Matthew Cravey of Corpus Christi. As our broker and asset manager, Matt took over a most difficult and distressed retail shopping center in Corpus Christi and completely turned it around with new leases, recommended improvements and then most important of all, an acceptable offer from a cash buyer.


Richard R. Sangberg
Vice President, First Security Mortgage