Frontline Named Court-Appointed Receiver for 42,111 Sq. Ft. Retail Center in Franklin Park

Joshua Joseph of Frontline Real Estate Partners has been appointed to serve as the Receiver for a 42,111 square foot shopping center located in Franklin Park, Cook County, IL. The property consists of 14-units and is approximately 68% occupied. Frontline will assume the management and operation of the property on behalf of current owner and lender until further court order.

About Frontline Real Estate Partners

Founded in 2010, Frontline has established itself as one of Chicagoland’s premier commercial real estate brokerage, property management, and investment companies serving real estate owners, investors, and financial institutions.

How to Find a Buyer for Your Commercial Real Estate Property

Selling a commercial property is a complex process. However, finding the right buyer is the key to success. Whether you're looking to sell an office building, retail space, industrial facility, or multifamily property, a solid strategy ensures a smooth and profitable transaction. Here’s how you can find a buyer for your commercial real estate property while leveraging the unique expertise of Frontline Real Estate Partners. 1. Identify Your Ideal Buyer Before listing your property, it’s crucial to determine the type...

What Is a Receivership in Real Estate?

When a borrower stops making payments on a commercial real estate loan, the lender must decide how to handle the situation. One option is foreclosure, but that process can be slow, expensive, and complicated. Another option is a real estate receivership, which allows a neutral third party to take control of the property, manage it properly, and, in some cases, prepare it for sale. At Frontline Real Estate Partners, we specialize in receivership services, helping lenders and property owners protect...

What Is Commercial Maintenance & Why Is It Important?

Proper maintenance is essential for the longevity and success of commercial real estate investments. Without expert knowledge of how upkeep works, commercial property maintenance can become a pain. Fortunately, when you work with professionals like us at Frontline Real Estate, we can guide you in the right direction. Commercial maintenance encompasses the regular upkeep and attention required to maintain the value, functionality, and appeal of properties such as office buildings, retail centers, and industrial facilities. Hiring quality maintenance services benefits...

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