Court-Appointed Receiver Services for Commercial Real Estate in the Southeast
Childress Klein serves as a court-appointed receiver for distressed commercial real estate across the Southeast. When a court or lender needs a neutral, experienced operator, we take possession of the property, stabilize operations and protect the value of the collateral from day one.
As receiver, we manage, operate and preserve office, industrial and retail assets with full transparency to the court, lenders and other stakeholders. Our in-house property managers, engineers, construction managers, leasing agents and accountants give us the depth to handle complex assets quickly and report clearly on every decision.
Our receivership services include:
- Contract execution: We lead leasing and sales, negotiate agreements and drive the disposition process.
- Cash management and oversight: We monitor, plan and control cash inflows and outflows to protect the asset's returns.
- Budgeting and forecasting: We prepare detailed budgets and forecasts based on current operations, projected revenue and market trends.
- Capital expenditure planning: We plan and prioritize property improvements that protect and increase asset value.
- Project management: We complete existing construction and execute new capital and tenant improvement projects through our project management team.
- Sales and marketing: We build marketing and sales strategies that attract buyers and tenants, increasing sale value and occupancy.
- Property and casualty insurance: We secure insurance coverage and resolve claims to reduce risk.
- Tax appeals: We pursue property tax appeals that align the asset's tax burden with its value.
Need a receiver for a commercial property? Amy Clement, leads our receivership work.
Frequently Asked Questions
A court-appointed receiver takes control of a distressed property to protect its value for the lender or creditor. The receiver manages operations, collects rent, controls cash, plans capital spending and oversees leasing or a sale. Childress Klein serves as a court-appointed receiver for commercial properties across the Southeast.
Courts appoint experienced, neutral operators such as Childress Klein, which brings in-house property management, leasing, construction and accounting expertise to distressed office, industrial and retail assets.
We take possession of the property, secure the asset, review its leases, contracts and finances, and stabilize day-to-day operations. From there, we prepare budgets and forecasts, manage cash, handle insurance and tax appeals, and keep the court and lender informed as we lease, improve or sell the property.
Amy Clement, Receiver and Senior Property Manager, and Portia Grant, CPA, lead Childress Klein's receivership work. Contact our receivership team to discuss a property.
