Cordes & Company

Building in receivership, business is not

When the owner of a free-standing 10,000-square-foot building in the Boca Park neighborhood of Las Vegas defaulted on the loan, the lender requested that the court appoint Cordes & Company as receiver during the foreclosure process.  This receivership was particularly sensitive, because the owner was also the sole tenant, operating a salon and day spa in the facility.  Our basic role in this engagement was to maintain the property, collect rents and protect the receivership estate.

7979 E. Tufts Avenue
Suite 820
Denver, CO 80237
Telephone: 303.721.8755
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.0985
2030 Main Street
Suite 1300
Irvine, CA 92614
Telephone: 949.379.1202