J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe owner of six large office buildings in the Central Business District of Midland, TX stipulated to the appointment of a receivership. Our experts selected to take control of the portfolio as Receiver and lead the sale of the leveraged buildings.
As Receiver, we successfully took over operations, deployed a new management team, completed on-going deferred repairs and maintenance, and launched a successful leasing campaign. We hired listing agents and currently are working with them and the Special Servicer to effectuate a creative recovery strategy, which will involve the assignment of outstanding loans secured by the buildings.
> Receiverships
Federal and state courts, creditors, and legal counsel choose our team to serve as Receiver of distressed businesses and real estate entities. We stabilize operations and cash flow, safeguard business assets, and pursue methods to maximize financial recovery. Our multidisciplinary team applies a wide breadth of restructuring and industry experience as Receiver to take control of companies facing financial, operational, and legal issues.
> Solutions for Distressed Situations
We deliver integrated solutions for distressed and insolvent businesses that maximize recovery, mitigate risk, and restore enterprise value. Our experts are retained to help distressed organizations stabilize operations, protect stakeholder interests, and execute turnaround strategies. We take an operationally-focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth.
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