Receivership

Commercial Management has extensive experience as a court-ordered Receiver, managing complex business situations. Our goal is to go beyond preserving value.

Circumstances such as this require timely and critical decision making to preserve the value of the asset. In our role as a court-ordered Receiver, Commercial Management acts on behalf of the court and financial institution, ensuring that the properties/businesses are preserved both physically and fiscally.

Lynn Robson has experience as a court-ordered Receiver in Hennepin, Ramsey, Anoka, Scott, Carver and Fillmore Counties in Minnesota and Saint Croix, Polk, Marathon and Dunn Counties in Wisconsin and is bonded and insured to act as a Receiver.

Every receivership circumstance is unique. Let Commercial Management develop a customized solution to meet your needs. Our team has the experience to manage and preserve assets and maximize its value.

Services include:

  • Asset stabilization
  • Secure and preserve the property as a fiduciary of the court
  • Manage and supervise operations
  • Financial reporting tailored to the needs of the court and secured creditors
  • Negotiate tenant leases and vendor contracts
  • Enforce leases and collect rents
  • Oversee maintenance, repairs and capital improvements
  • Collaborate with broker to manage the sale/lease listing of the property
  • Prepare court ordered reports