Receivership relieves lenders and creditors from the burdens and liabilities of operating a business. McCallen’s team of project managers are able to quickly and efficiently take over management of the troubled property, stabilize the business, and position it for a rapid sale. Working with McCallen commercial real estate brokers, the team is often able to liquidate properties above their appraised value.
Perhaps more importantly, receivership keeps the lender out of the chain of title, thereby eliminating liability for operating, employee, and security problems, as well as the risk of costly environmental issues.
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