Eric Janssen was appointed Receiver for a portfolio of 4 suburban Office and Industrial/Flex properties with a combined total of approximately 250,000 SF.

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CRER has the expertise required to handle a variety of distressed situations including the management, leasing and/or redevelopment of under-performing real estate.

Our receivership services include:

  • Review the order appointing receiver to ensure it will be sufficient in its scope and authority
  • Stabilizing the property operations and ensuring tenant retention
  • Preparing required court reports and attending court hearings in federal, chancery, housing and eviction court
  • Providing monthly financial reports to the client which can be securely accessed on our website
  • Overseeing on-site property management
  • Development and implementation of a strategic plan for the property with input from the client
  • Evaluation and creation of marketing, advertising, leasing and exit strategies

Learn more about CRER’s Receiver and Trust Services.

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