Commercial Real Estate
Receivership & Advisory Services
Nationally recognized CRE professionals providing expert receivership services, distressed asset consulting, and full-spectrum advisory - from pre-foreclosure stabilization through post-foreclosure asset management - across the United States.
HOW WE ENGAGE
Two Paths to CRE Expert Involvement
Our principals work with attorneys and courts to structure the engagement that best serves the asset and its stakeholders.
CRE Expert as Consultant
to the Receivership Attorney
In this model, our principals work alongside your appointed receivership attorney - providing the deep operational expertise they need to manage, stabilize, and maximize the value of the distressed property. The attorney remains the court-appointed receiver, while we handle the complex realities of the asset: building operations, tenant relations, vendor management, financial reporting, and leasing strategy.
This structure is ideal when the receivership attorney wants CRE depth without relinquishing oversight authority - and ensures that the asset receives hands-on, expert management from day one.​
CRE Expert as
the Court-Appointed Receiver
In this model, one of our principals serves as the court-appointed receiver directly - bringing unmatched CRE expertise into the receivership role itself. A qualified receivership attorney provides the necessary legal counsel and court interface, while our principal takes full operational command of the property as a fiduciary for all parties.
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This structure delivers the most direct and effective outcome when the property demands immediate, expert-level real estate leadership - particularly for complex or high-value assets where operational decisions carry significant financial consequences.​
FULL SPECTRUM SERVICES
Before, During & After Foreclosure
Our expertise spans the entire lifecycle of a distressed commercial property - helping lenders, servicers, borrowers, and attorneys navigate every phase with confidence.
PRE-FORECLOSURE
Stabilization & Advisory Before Foreclosure
Not every distressed asset needs to go through foreclosure. Our pre-foreclosure consulting is designed to help property owners, borrowers, and lenders assess whether a troubled asset can be returned to solid footing - and if so, how to get there.
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Independent operational and financial assessment
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Cash flow stabilization strategies
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Expense audit and vendor contract review
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Occupancy and leasing strategy
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Deferred maintenance triage and capital planning
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Lender reporting and workout support
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Borrower advisory on turnaround options
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Loan modification and forbearance support documentation
RECEIVERSHIP
Expert Receivership Management
When a property must go into receivership, the quality of the receiver - or the experienced CRE team supporting the receiver - determines outcomes for all parties. We bring over 30 years of hands-on commercial real estate management to every engagement.
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Court-ordered property takeover and assessment
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Immediate operational stabilization
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Tenant relations and lease management
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Vendor oversight and contract management
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Detailed financial reporting to court and parties
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Capital project management
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Insurance, code, and compliance oversight
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Disposition strategy and marketing support
POST-FORECLOSURE
Lender & Servicer
Asset Management
Lenders and servicers are often left managing commercial properties they did not intend to own. We help financial institutions and their servicers actively manage REO and OREO portfolios with the same discipline as institutional-grade operators.
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REO/OREO portfolio assessment and triage
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Asset management plan development
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Property management oversight and vendor selection
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Hold vs. disposition analysis
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Value-add strategy and capital planning
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Leasing oversight and tenant retention
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Regulatory compliance and reporting
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Disposition support and market positioning
WHY CRE EXPERTISE MATTERS
A Receiver Is Only as Good as
Their Real Estate Knowledge
Commercial real estate receivership is not simply a legal exercise - it is an operational challenge with significant financial consequences. A receiver who lacks deep CRE expertise may stabilize the legal situation while the asset itself deteriorates: tenants leave, deferred maintenance compounds, leases expire unrenewed, and property value erodes.
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Our principals have collectively managed hundreds of millions of square feet across office, industrial, retail, and mixed-use properties. That experience is not incidental - it is the core of what we bring to every receivership and advisory engagement.
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Operational continuity from day one
We assess building systems, service contracts, and tenant obligations immediately - preventing the operational gaps that destroy value in the first weeks of receivership.
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Credible expert testimony
Our principals have served as expert witnesses in civil litigation and before state legislators and regulatory agencies - providing courts with authoritative CRE guidance.
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National reach, local execution
With experience across multiple property types and markets throughout the United States, we can engage effectively on assets in virtually any geography.
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Trusted by courts & institutions
Our principals have decades of experiencing managing distressed assets across the United States.
THOUGHT LEADERSHIP
CRERA Leaders Host BOMA Pacific Southwest Region
Webinar on Managing Distressed Assets
Fasten Your Seatbelts:
Surviving (and Thriving) in the Face
of Unprecedented Challenges
(Presentation by Marc Fischer, Dave Hewett and Murray Greene of CRE Receivers Alliance)​
In today’s tumultuous CRE market, investors face unprecedented challenges – including liquidity constraints, rising interest rates, falling occupancy rates, and asset pricing dislocations. The pandemic has forever reshaped the CRE terrain. Remote work, empty office spaces, and maturing loans have created a perfect storm. But where there’s turbulence, there’s also potential. Distressed real estate assets are like buried treasure waiting to be unearthed. These undervalued properties offer unique opportunities for savvy investors.
CRERA founding partners Marc Fischer, Murray Greene, and Dave Hewett, recently presented a webinar to provide property and asset managers with strategies to identify, evaluate, and capitalize on distressed assets.