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Receiver Certificate Fund Alliance Announced
Patrick Blount of Receiver Certificate Capital Partners, LLP (RCCP), Oklahoma City, OK, today announced that RCCP has formed a strategic alliance with AMREX Receivers of Greensboro, NC to provide capital for commercial real estate properties that are operated under Court Ordered Receivership by AMREX. Subject to Court approval, the funds can be used for takeover expense, taxes, maintenance and repairs, keeping the properties open and operating in order to achieve the best possible liquidation price. Many lenders, small banks and mortgage servicing companies are often reluctant to place properties in Receivership because of the cost to take over, maintain and liquidate. When a property is abandoned, it looses value quickly. The AMREX program keeps the collateralized asset open, maintained, or secured to allow for the best possible financial recovery. Borrowers are also finding that ”Volunteer Receivership” is a good alternative to filing bankruptcy. Many lenders will not accept a deed in lieu of foreclosure or be subjected to the line of title or the cost associated with taking over and managing a property. The AMREX Receivership program is the best solution for both the lender and borrower. AMREX operates nationwide as Private or Court Appointed Receivers for commercial real estate properties and specializes in the Hospitality Industry.
Contact Chris Hice, Vice President at 877-554-1330 or info@AmrexReceivers.com.
WE HAVE 50 MILLION REASONS
Why you should consider the nomination of AMREX Receivers when you need a Court Appointed Receiver for your commercial real estate property. For properties that we are the appointed Receivers on, we have secured 50 million dollars in Receiver Certificate funds available to operate, maintain, secure, preserve and prepare all types of commercial real estate property for disposition anywhere in the United States. For information call us today 877-554-1330.
*All appointments and certificate funding are subject to the court of jurisdiction approval. This is not a solicitation to represent either party of a receivership.
- National coverage
- All commercial property types
- No minimum or maximum funding amount
- No minimum term Guaranteed commitment
