BANKRUPTCY SERVICES

The ReUrban Special Asset group provides a broad range of services to clients in situations involving financially troubled real estate. Our expertise includes the following:

Representing and assisting bankruptcy trustees
Assisting turnaround management teams with portfolios of properties
Consulting with lenders and investors on value maximization
Creating strategic plans for monetizing real estate assets
Advising lenders with respect to workouts and restructuring when a bankruptcy alternative may exist
Representing buyers and sellers in acquisitions, dispositions, and liquidations of distressed real estate

As noted above, the Special Assets group at ReUrban has the skills and expertise to work with both debtors and creditors in a variety of contexts, including business strategy, negotiation and execution. By offering a comprehensive menu of services from brokerage services, to tenant and buyer representation, to capital advisory/investment sales as well as construction management expertise we are able to maximize the value of our client's assets. Overall, this interdisciplinary approach enables us to skillfully and efficiently deal with the most complicated issues whatever they may be.

RECEIVERSHIP SERVICES

The ReUrban Special Asset group is well aware of the court proceedings involved in the foreclosure process and the appointment of a receiver. Our professionals fully participate in the legal process with our clients and attorneys, ensuring that the order appointing the Receiver is adequate in scope and authority, providing the necessary tools for both a smooth transition and the financial flexibility to maintain and create value in the asset.

Receivership Services include:

Rapid roll-out to stabilize property operations and retain tenants
Development and implementation of a strategic workout plan
Oversight and direction of on-site property management team
Evaluation and creation of property specific marketing, leasing and sale strategies
Devising and implementing an optimal exit strategy

We recognize that time is of the essence and make every effort to ensure that the transaction is handled professionally and efficiently with a strong focus on cash flow, limiting liability, and value maximization.