Receivership Assignments


176 Unit Apartment Complex

  • 11 buildings on 9 acres
  • Increased Occupancy from 79% to 93%
  • Note Sold to Investor


73,630 SF Retail Center

  • Neighborhood Center with 27 tenants
  • Recaptured back rent, CAM expenses and real estate taxes
  • Renewed existing to long term leases and leased vacant space
  • Sold to Investor


96,603 SF Retail Center

  • 3 large box national retailers
  • Added value to the property by renewing tenants to long term leases
  • Recaptured back rent, taxes and operating expenses
  • Sold to Investor


10 Apartment Units

  • 2 buildings
  • Maintain asset value
  • Prepared properties for liquidation
  • Sold by Receiver at Auction to Private Investor


​


​commercial real estate Professionals

receiverships


In certain situations where a company or a real estate investor are in default of their loan obligations, such lenders or creditors may consider seeking the appointment of a receiver to safeguard their interests.  A receivership takes place when the court appoints a receiver to oversee the interests of all stakeholders and to maximize the value of an estate to its constituents.  A receiver acts on behalf of lenders or creditors under the specific direction of the court.  Typically, a receiver is appointed to take control of all of the debtors property with the authority to liquidate assets and wind-down business affairs.


Henry & Company has extensive experience in receiverships and has been appointed as receiver for a variety of residential and commercial properties and businesses.  We have assisted lenders in maximizing their recovery, have the professionals and experience to manage a company or real estate entity's affairs and can liquidate the assets of a business to turn a short term crisis into long term viability. 


A Henry & Company managed receivership seeks to stabilize the distressed entity by implementing the proper internal controls, management strategies and repairing the practices that created the grounds for the receivership.

Henry & Company