Wilen Real Estate has collaborated with more than 35 local, national, and global lenders—both public and private—to drive optimized outcomes for real estate-owned (REO) assets. Our proven systems, data-driven insights, and multidisciplinary approach ensure that every stage of the REO lifecycle is expertly managed, from valuation to sale.

24+ Assets Actively Monitored
100+ Property Rehabs Supervised
400+ REOs Sold for Lending Partners
1,000+ Properties Managed Through Eviction
10,000+ Portfolio Valuations Completed

At the core of our operations is MinnesotaForeclosures.com, a proprietary platform combining advanced marketing capabilities with a powerful backend management system. This technology supports every phase of REO asset management—from initial evaluation through final sale—while fostering collaboration between asset managers, community stakeholders, and lending institutions.

Mike Wilen brings an unparalleled understanding of property transfer protocols and asset preservation, built on a foundation rooted in his late father’s leadership of the Hennepin County Sheriff’s Office Civil Division. This depth of knowledge supports our ability to navigate complex foreclosure environments with confidence and precision.

For over a decade, Mike Wilen Real Estate has delivered asset-specific and portfolio-wide valuations with unmatched accuracy. In 2008, Mike Wilen pioneered a proprietary approach to assessing loss severity on lender-owned properties, blending intrinsic analysis with data on eviction timelines, delinquency rates, crime statistics, property conditions, and external valuations. This methodology strengthens REO asset management processes and aligns with regulatory standards, offering a sharper lens on risk and return.

Our full-service platform spans the entire REO lifecycle, including valuation, rehabilitation oversight, marketing, and final disposition. With 24/7 client support and coordinated execution across every discipline, we reduce complexities and expedite asset resolution, maximizing recovery for lending partners.

Working with Wilen Real Estate means aligning with a team dedicated to the nuances of REO. Our commitment to sound, data-backed practices and seamless communication ensures consistent, reliable results—from the initial engagement through closing.