Real Estate Receivers Explained
January 15, 2010
Generally speaking, receivers are basically individuals or firms which are court-approved to preserve the value of an asset after there is a default. There is a major upsurge in receiverships as a result of the crisis, and most of the major CRE firms have either revived or setup service lines to service the loan industry.
Stan Mullin, the former head of SIOR, has written a detailed article detailing receiverships. If you’d like to know more about this surging industry, it’s a fairly quick read…
Similar Posts:
- Shake Up in Brokerage – BT Splits From NAI
- Receivers In Demand
- Uncertainty Looms in Investment Real Estate
- Downturn Hits GE’s CRE Unit
- McKinsey: CRE in Spain, US, UK at Highest Risk of Deleveraging
Categories:
Commercial Real Estate Investing | Trends
Tags: Commercial Finance and Lending, Commercial Real Estate, Receiverships
Tags: Commercial Finance and Lending, Commercial Real Estate, Receiverships
Awesome find! I have a friend here in Austin who has been doing a lot of court appointed receivership. A relationship with a group of receivers is totally going to be needed in the CRE realm as banks become harder on refis and various submarkets like multitenant offices get hammered by over supply and lessened demand. Thanks again for the article.
joe
no problem. if readers find anything good, they can send it our way and we may post it for others to read as well…
Thanks for the Information, thanks for this fine Post. I will come back later. Also great place for house sellers: sell your house quickly