Asset Resolutions
Your assets are safe with us.
Your assets are safe with us.
Built on many years of unique and innovative experience with commercial loan workouts and troubled assets, RESOURCE’s asset resolutions team employs a comprehensive single-stop service to assist clients in developing timely and efficient solutions for all parties. From initial consultation and analysis to lease-up and/or disposition, RESOURCE is equipped to provide unparalleled oversight and protection for the assets from start to finish, physically, financially, and legally.
As Central Indiana’s largest locally-owned commercial real estate brokerage firm, RESOURCE has their finger on the pulse of the market unlike any other firm in the area. By combining an innovative and forward-focused marketing team with constant contact with today’s deal makers, RESOURCE places verified information with the highest integrity in the hands of creditors, buyers, sellers, tenants, and landlords. For this reason, RESOURCE has arranged thousands of transactions in all ninety-two counties in Indiana.
Receiverships
Preserve value and limit lender liability. Once appointed, our team steps in immediately as your advocate, helping you protect and maximize each asset’s value by increasing occupancy and minimizing expenses.
Property Management
Always accessible. At RESOURCE, you are provided high quality third-party management services that work. Do not worry about your accounting, janitorial, or security services—we handle every detail to keep your tenants happy.
Initial Assessment
Short-term and/or long-term strategies are developed based on current market conditions. The strategies are designed to stabilize, improve, and sustain your controlled assets to increase value, while maintaining and returning maximum equity.
Evaluations and BPOs
We can provide an asset valuation or Broker’s Price Opinion (BPO) report before a creditor enters into an agreement with a borrower or filing for foreclosure if they do not have the time or funds that are required for a full appraisal report.
Negotiations
We build our services around your intent to negotiate a Debtor-in-Possession scenario, Forbearance Agreement, Loan Modification, or Deficiency Waiver.
Leasing and Dispositions
Our brokerage team are experts in pursuing prospective tenants to absorb vacancy as well as qualified buyers in many disposition scenarios, including sale-in-lieu and sale via Receiver, bankruptcy trustee, or Sheriff/judicial officer.
“[Mitch’s] marketing efforts and his personal engagement of prospective buyers made the sale a success resulting in an acceptable price and timely closing of the transaction. He professionally navigated the many parties involved with the property — bidders, [prospective] buyers, tenants, the condominium association, receiver, Sheriff, seller, and seller’s attorney.”
“Mitch ably assisted us on what had been a protracted process with an uncooperative (and unpredictable) [property] owner. I know the project received more exposure than it otherwise might have through Mitch’s diligent efforts to engage and solicit. There is little doubt that his understanding of how to cultivate and retain third-party interest helped secure a price [that] exceeded our third-party opinion of value for the project. I would heartily recommend Mitch’s services based on my experience working with him on this, and other, assets.”