Receivers | Greensboro, NC

RECEIVERSHIP AND DISTRESSED ASSET MANAGEMENT

AMREX Properties, LLC in Greensboro, North Carolina, is veteran owned and has over 30 years of experience as court-appointed receivers, specializing in hospitality, industrial, and commercial properties.

Receivership is an alternative to bankruptcy and a powerful tool for loan servicing companies, lenders, and note holders to use in order to secure their distressed collateralized assets. This is a specialized field within the bankruptcy and foreclosure legal world. AMREX has evolved into a diverse company, allowing us to take assignments on a wide range of properties.

AMREX has the experience and resources to operate and carry out the various forms of liquidation associated with collateralized assets for creditors. We have an extensive background in working with special assets and REO departments in the management and liquidation of their distressed properties.

We perform a detailed business analysis in order to determine the best solutions and provide the resources needed to maintain and improve the value of the asset. AMREX has designed an accounting system to ensure accurate financial reporting, which enables us to expose fraud, theft, and waste.

AMREX Services:

Consultation For Receivership Laws And Rules Per State
Locating Qualified Receivership Attorneys For The Plaintiffs
Fast And Efficient Takeover Of The Assets
Evaluation Of The Asset And Provide Management Options
Provide Management, Security, And Maintenance
Environmentally Impacted Property Compliance
Accounting Services
Detailed Court Reporting Complete With Financials
Marketing And Liquidation Of The Assets
Online And Onsite Auctions

Court Appointed Receivers

Court Appointed Receivership, (a.k.a. “Keeper” in Louisiana) is a highly effective method for repossessing and gaining control of a distressed asset when the borrower has defaulted. However, it is only as good as the Receiver that has been appointed to the case. With over 30 years of experience in this field, AMREX brings our expertise and knowledge of the laws that govern Receivers and how to most effectively use those powers in association with the Receiver assignment. These laws can differ by state, so we continue to study the nuances within the law to insure we implement our powers properly. Once appointed by the court, AMREX will repossess and secure the property using the experience and resources we have acquired over the years. We will then select a management solution based on the needs of the asset. Environmentally impacted properties can present the note holder with a number of problems. AMREX has been assigned assets with a variety of environmental compliance issues, such as UST’s (Underground Storage Tanks), poultry processing plant and industrial waste run off. Receivership provides a layer protection to the note holder from having to take title.

Disposition / Liquidation

Managing the disposition of assets is challenging at times and therefore requires experience and resources to achieve a successful liquidation process. Through our many years managing the disposition of assets we have acquired a network of qualified buyers and investors that we use as a very effective marketing tool. Depending on the type of asset, we have found that in many cases a direct marketing approach to our buyers yields the best results. Some assets are best suited for national and even international marketing in order to give them the maximum exposure needed to realize the best results for creditors. There are other occasions where we may recommend an online auction, which we can facilitate through our auction program. There will be circumstances where a managed Liquidation can sometimes be a difficult process with an asset that is operating as an ongoing concern. AMREX understands the complexities associated with a liquidation effected by the dynamics an operating business brings.

Property Management

Throughout our years in this industry, we have been assigned properties presenting a variety of management challenges. As a result, we have evolved into an extremely versatile management company. Although we specialize in Hospitality Management, we also manage office buildings, convenience stores, storage rental, restaurants, warehousing, residential and retail. Let AMREX be your “GO TO” company for all your property management needs.

Asset Recovery

We have recovered many different types of properties. Some examples are hotels, environmentally impacted properties, warehouses, convenience stores, office buildings, and many more. AMREX has the resources available to successfully recover various properties no matter where they are located. Once the property has been recovered, we begin the management phase and secure the asset. This will give the creditors comfort in knowing that the value of their assets is being preserved.

WHEN YOU NEED RECEIVERSHIP SERVICES YOU CAN RELY ON, CALL US AT 828-557-2802 TO SCHEDULE YOUR CONSULTATION.