FORT LAUDERDALE, Fla. – Berger Special Assets, a division of Berger Commercial Realty Corp., announced Lloyd Berger has been appointed as receiver of a 4,000-square-foot property located at 1730 S.W. 7th St. in Miami.
The multifamily property built in 1950 consists of 11 units located in two buildings.
“Our aim is to restore this property’s value through cost-efficient management and by maintaining its occupancy level,” said Lloyd Berger.
Founded in 2008, Berger Special Assets serves as receiver, management company and leasing agent to enhance the value of distressed commercial and multifamily properties across the state on behalf of lenders and financial institutions.