Receiverships
Lender/Loan Servicer Experience
Receivership Services
Over the past 40 years, Hold Thyssen has acted as Receiver on over 140 properties throughout Florida. With experience in all property types, we are positioned to successfully handle even the most distressed asset. Our Receivership services are repeatedly used by nationally recognized lenders, servicing agents and law firms.
As Receiver, Hold Thyssen’s primary objective is to secure the physical property, bank accounts and records in order to protect the integrity of the asset on behalf of all parties. Management procedures are immediately established to stabilize, protect and preserve the asset. Hold Thyssen’s experience enables us to flawlessly manage, lease, market, sell, maintain and operate each asset through its Receivership.
Receivership Experience
Brochure
Management of Assets
In order to maintain the value of the asset, once appointed as Receiver, Hold Thyssen quickly implements effective management strategies specific to the property. All financial planning and reporting, tenant relations and retention plans, hiring and supervising of property personnel, and maintenance and preservation of the asset are expertly managed by Hold Thyssen’s team of professionals.
Reporting Procedures
In addition to timely and efficient filing of all Receivership documentation, Hold Thyssen generates and submits opening, interim and closing reports for each Receivership property on schedule. Each report is tailored specifically to the needs of the court and served to all appropriate parties.
Contracting & Leases
As Receiver, Hold Thyssen carefully reviews the terms of all contracts currently in place. Included in the review are tenant leases, vendor contracts, all insurance coverage and policies, and any licenses belonging to the property. This vital step serves to maintain property value and mitigate any tenant concerns during the transition.
Divestment
Hold Thyssen’s market knowledge ensures successful evaluation and creation of property specific marketing and sale strategies to obtain the highest return upon divestment.