We are proud to be selected as one of the “Best Of” Commercial Real Estate Brokerage Firms and Best Commercial Property Management Firms by the Daily Business Review. Thank you to all who voted!

skip to Main Content
BERGER BITES | CAREERS | TENANT REQUEST |

Lloyd Berger answers: When is a receiver appointed and why?

There are many reasons a receiver is appointed, the most common of which is when a lender feels that their mortgage is in jeopardy and the property value is no longer great enough to satisfy their mortgage. Other reasons a receiver may by appointed would be partnership disputes, when people can’t agree on how to operate a property, or any time an interested party does not feel like they are being properly represented.

Back To Top