Sell for More Trivia is a weekly blog series that playfully presents a trivia question about commercial real estate.
Receiverships are an essential service during challenging times. I’ve personally acted as a receiver many times over the years.
Receivers operate as a fiduciary of the court. Duties include taking over the day to day operations of the asset to preserve and protect the property.
Receivers generally manage and control a commercial property while that property is making its way through the foreclosure process.
Lenders and servicers often rely on professionals well-versed in the receivership process. Receivership experts provide skills and services that can minimize losses, preserve property values, and avoid unnecessary risks.
Receivership professionals should be able to assemble an experienced team that can manage, maintain, and protect a property’s value.
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About Beau Beach, MBA CCIM
Beau is a tenacious Commercial Real Estate Broker, author and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is a commercial real estate broker for sellers in the Nashville, Milwaukee and South Florida markets.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com