As an appointed Turnaround Manager and/or Court-appointed Receiver, Peak and Mike Zucker have been appointed to more than 750 separate case matters throughout the Midwest.
We understand that a distressed situation is a complicated assignment that needs attention to detail. This specialty practice area was created to assist banks, mezzanine lenders, creditors, loan servicers, borrowers, owners, bankruptcy trustees and courts. We are committed to providing comprehensive interim management solutions for various distressed situations, including nonperforming or under-performing, court-appointed receiverships, deeds-in-lieu, foreclosures and real estate owned (REO).
In order to preserve or create value, we identify operational and economic complexities inherent with the property and work to stabilize and assist with disposition of the asset.
Leveraging our experience with Asset Management, Development, Construction and Property Management, we quickly identify all problems as well as articulating the costs and timing required to implement them.
Receivership Services include, but are not limited to: