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...
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