Richard Palmiter
Vice President, CBRE
Bloomington, MN 55435
Vice President
Phone (952) 924-4603
Vice President
Property Types
Land
Markets
Minneapolis/St Paul
Languages
English
Bio
Richard Palmiter is a Vice President serving the Minneapolis – St. Paul Metropolitan area at CBRE. Currently, he represents banks, investors, developers, and landowners in their sale/purchase of special assets and REO (Real Estate Owned) assets.
Mr. Palmiter has more than 20 years of experience in real estate and finance. During the past two years, he has successfully facilitated transactions with the FDIC, national and regional banks, national builders, investors seeking sound investment opportunities, and companies that are downsizing and parting with multiple locations.
Before joining CBRE, Mr. Palmiter’s experience included the management and disposition of bank-owned, non-performing real estate assets in the Minneapolis, MN and St. Louis, MO areas. He has also managed portfolio-owned, real estate for the FDIC. More recently, he held positions as VP of Acquisition and Development for both regional and national builders. These positions established many professional connections with both the regulatory entities and private companies, which is vital to the successful disposition of distressed properties.
