When commercial real estate assets face financial distress, operational disruption, or ownership disputes, appointing a receiver can help stabilize operations and protect collateral value.
 

Friedman provides court-appointed receivership services for lenders, attorneys, special servicers. Our team assumes operational control of troubled assets, stabilizes performance, and works to preserve and maximize property value.

With almost 40 years of commercial real estate experience and integrated in-house services including property and asset management, brokerage, leasing, and construction oversight, Friedman delivers the expertise required to manage complex receivership assignments.

What Is a Commercial Real Estate Receivership?

A receivership occurs when a court appoints an independent third party to take control of a property during financial distress, foreclosure proceedings, or ownership disputes.
 

The receiver acts as a neutral fiduciary responsible for managing the property, maintaining operations, collecting income, and reporting to the court while protecting the value of the asset.
 

Receivership is often used when a property requires professional oversight to stabilize operations while legal or financial matters are resolved.