Colliers Asset Resolutions Team offers consistent and comprehensive receivership services across the United States.  The Colliers receivership platform is led by Bob Burnand, who brings thirty years of asset management, property management and receivership experience. 

The Receiver is an impartial third party appointed by a state or federal court to take legal possession of the property and oversee and protect the asset during the foreclosure process.  The selection of a court-appointed Receiver is of critical importance in stabilizing distressed assets.  As such, the Receiver is responsible for protecting the property that represents the security for the loan, including improvements, furniture, fixtures, equipment, and its income, and for accounting for all receipts and disbursements and repairs and maintenance. 

Financial institutions, investors and owners are often faced with non- or under- performing assets.  Colliers Receivership Services determines the best solutions for each asset to stabilize or maximize financial value.  Each property undergoes a strategic assessment to determine the best course of action to preserve or enhance its value and to limit a lender's liability. 

 
Colliers International provides the following Receivership Services:

Receivership, Stabilization & Strategy
-Step in immediately as a neutral advocate, taking an ownership view towards protecting and enhancing an asset's value. 
-Increase property viability
-Physical and operations assessment
-Financial assessment
-Market position analysis

Construction Management & Physical Assessment 
-Quickly assess a property's physical condition and professionally manage necessary repairs or improvements to ensure regulatory compliance and achieve maximum value on leases or dispositions.
-Identify and resolve construction and code violations
-Supervision of capital improvements

Asset Management & Leasing
-Manage existing leasing and asset management teams on your behalf or handle the management and leasing functions directly
-Negotiation of service contracts
-Supervision of contracted services
-Strategic leasing

Finance & Disposition
-Valuation
-Facilitate restructuring of existing debt through the court
-Hold, reposition, or sell strategies
-Disposition
-Equity investment

Accounting & Lease Administration
-Customize financial reporting to ownership, lender or judicial requirements
-Ensure a clear financial assessment and identify potential problems or opportunities promptly and accurately
-Lease administration
-Management of payables and receivables
-Operating and capital budgets