Receivership
LPC Midwest is strategically set up to assist special servicers, local/regional/national banks, life companies and debt funds work through the complexities that arise through challenging circumstances. Our expertise in operating a large portfolio of commercial properties allows us to offer unique perspective in order to receive, manage, and preserve asset values. Our unbiased perspective; coupled with extensive market knowledge and a comprehensive understanding of property operations, ensures that the collateral’s value is maintained with the mutual goal of enhancing profitability.
We know that a loan modification may be burdensome for a multitude of reasons; including but not limited to, IRS limitations, pooling provisions, servicing agreements and/or loan covenants. From receivership to disposition, our dedicated team aids servicers through the entire life cycle of a challenged loan, including the transfer to special servicing, receivership, foreclosure and, ultimately, REO sale, should the necessity arise. LPC Midwest prides itself on being a ‘one stop shop’ for servicers and lenders by maximizing efficiency with one full service team.
SERVICES
• Receivership
• Third Party Property Management
• Active Facility Management and Engineering
• Third Party Leasing
• Forensic Accounting and Audit
• Court Reporting
PROPERTY TYPES
• Office
• Retail
• Industrial
• Mixed Use