Service Details
Our services extend to lenders with underperforming loans, assisting with business disputes and the foreclosure of commercial real estate and other assets securing loans. Aetna Realty takes possession and manages the properties, providing operational services and implementing actions to preserve and maximize the value of assets for future sale.
Aetna Realty Receivership
Aetna Realty’s services extend to serving as court-appointed Receiver. We work with local and large national banks and lenders with distressed commercial properties, coordinating all services as needed including Legal, Property Management, Leasing, and Disposition. We concentrate on the key areas of revenue growth that are specific to each project in order to stabilize the asset and maximize the properties cash flow.
We have experience serving as Receiver of commercial real estate assets including industrial, multifamily, retail, office, and distressed shopping centers.
Aetna Realty receivership services include:
Stabilization of property operations and retention of tenants
Development and implementation of value-added plans and exit strategy
Oversight and direction of on-site property management team, as needed
Evaluation and creation of marketing, leasing, and lease negotiation strategies
Generation of and updates to periodic reports to indicate stabilization of assets
Determine if there are any outstanding violations with the building department
Assess the overall condition of the property and provide repair & maintenance recommendations
Prepare and serve notices and appear in eviction court, as needed