B & B Management Group’s professionals have the unique expertise to handle various types of receiverships and foreclosures. We can effectively handle leasing, managing, re-position and market the property for sale after the property has become REO.
B & B’s fully integrated real estate services provide a comprehensive solution for owners, lenders and the courts including:
- Receivership and bankruptcy services
- 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
- Due Diligence, underwriting and physical inspections
- Broker Opinions of Value
- REO, including asset management, leasing and re-development
- Exclusive Disposition Agent of REO and mortgages
B & B’s knowledge with the court proceedings gives us the ability to 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.