When is Receivership a Good Option?
The main purpose of a receivership is to remove control from the borrower, implement management and other necessary changes and help determine how to remedy property distress. Consequently, receivership is a good option when the distress is mostly a result of the current management’s issues.
Why Acumen Business Solutions?
Acumen Business Solutions will develop a strategic plan designed to maximize the property selling price. Our team will work diligently to stabilize and eventually dispose of the asset. The combined experience of property management and business consulting provides us the ability to attack all issues and obstacles to success with brevity.