Receivership Work

Rescue your investment before it’s completely underwater

As your court-appointed receiver, Northeast Property Group will step in immediately, working to secure the investor’s interest during the cycle of workout or foreclosure.

Northeast Property Group has played a key management role within the institutional real estate industry solving the problems associated with our client’s real estate loans and owned properties. As a company, Northeast Property Group is uniquely suited to serving in a receivership capacity with our team of property managers, leasing agents and commercial brokers. We have Certified Commercial Investment Manager’s (CCIM) and Certified Property Manager’s (CPM) on staff who fully understand the sophisticated financial reporting and facility management requirements that today’s courts, asset managers and other investors require.

For over twenty years, Northeast Property Group has played an elemental role in the repositioning of many real estate assets. We have repeatedly been selected by courts in Connecticut to act as Property Receiver on large multi-family, commercial and industrial buildings. These experiences have fine-tuned the management oversight skills necessary to excel in this difficult field.

Being appointed as a Receiver is a unique opportunity to forge new relationships and demonstrate our real estate capabilities.

Some of our services include:

  • Asset Management and Recovery
  • Capitalization, development, ROI and portfolio analysis
  • Market research, data mining, information management
  • Asset stabilization, disposition strategies and management
  • Accounting, compliance, document administration and reporting
  • Commercial Property Management
  • Financial reporting, lease administration, budget projection
  • Inspections, maintenance, repairs and emergency services
  • Third-party vendor oversight
  • Commercial Brokerage Services
  • Office, industrial, commercial and retail tenant sales and leasing
  • Retail tenant representation
  • Property valuation

We operate as Receiver of Rents across the entire state of Connecticut Superior Court system. Call us today if you are in need of this exclusive service.

 

Credentials We Hold:

CPM Logo

CPM designees have access to the latest industry information through the Institute’s courses, publications, conferences and web site. CPM designees manage over $834 billion in real estate assets, including approximately 9.9 million residential unites and 5.8 billion net square feet of commercial space.
"Hiring a Certified Property Manager means you are selecting an individual with certified management expertise. Someone with the ability, experience, and knowledge to successfully protect and enhance your real estate investment. Research shows that investors and owners place the highest value on the CPM designation compared to all other estate management credentials. IREM.org


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SIOR Commercial Logo

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