Distressed Asset & Receivership Services
InSite has the expertise to handle a variety of distressed situations including non-performing loan receivership and the management, leasing and/or repositioning of under-performing real estate. Using a client-centric approach, InSite draws on its integrated leasing, property management and sales personnel to implement tailored solutions and customized strategies aligned with client goals and objectives, focusing on regaining financial control and increasing property value.
Our distressed asset and receivership services include:
- Assess the current condition of the property
- Stabilize property operations and ensure tenant retention
- Prepare required court reports and attend court hearings
- Provide monthly financial and leasing reports
- Develop and implement a strategic management plan for the property
- Devise and execute marketing, advertising, leasing and disposition strategies to meet the needs of each client
- Create capital plans and annual operating budgets
- Review and rebid existing contracts as necessary to reduce property expenses
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