The Corvus Group has formed a Troubled Asset Advisory Group (TAAG) in order to provide specialised staffing and analytical/advisory services to companies involved with troubled and distressed commercial real estate and homebuilder/residential development debt.

Neal Gussis will join TAAG as md of asset management. Gussis comes to Corvus with over 20 years' experience in real estate mortgage, finance and asset management expertise.

Joining him as a Corvus associate is Andrea Lange, previously with Prudential Mortgage Capital Company, where she performed loan origination and portfolio management services.

The new division's services include: loan/REO real estate portfolio due diligence and valuation, workout and disposition services, disposition oversight and management, collateral services oversight and property management, special servicing support and legal coordination.