While banks have pretty much taken down the help wanted signs in their branches and loan offices, there is one position that many can't fill fast enough: the commercial real estate workout specialist.

With half-built construction and development projects weighing down loan portfolios, industry analysts say banks are desperately seeking the services of workout specialists to help them get the most value for their most troubled assets. Some banks are hiring these specialists in-house, while others are bringing them in as consultants.

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