The benefits and duties of a receiver
Receivership firms create value through the efficient supervision and management of day-to-day and long term property operations. Come to Realogic's July Lunchtime Learning series where S.L. van der Zanden and James Conley from RE|Solutions will explain what goes into their brand of Receivership.
To sign up for this free lunchtime learning, email firstname.lastname@example.org or call (312) 782-7325.
Included in this session:
- The challenges presented to a lender/special servicer by a distressed property and how Receivership addresses them.
- Fundamental concepts behind receivership for Commercial Properties and basic responsibilities of the receiver.
- Special focus on Illinois laws governing Receivership.
- What separates the good receivership service from the average.
Wednesday, July 28th from 12:00pm to 1:30pm.
- 12:00 - 12:15 Lunch and networking with all attendees
- 12:15 - 12:45 Presentation
- 12:45 - 1:30 Questions, Discussion and Networking
S.L. van der Zanden brings over 25 years of commercial real estate experience helping institutional, corporate, and private clients overcome challenges and capitalize on over $1.5 billion in opportunities. In addition to marketing activities, he is project executive on the firm's most significant assignments, providing clients with a direct connection to the project team.
As Managing Principal of Newcastle Limited, he personally sold over $135MM of his client's excess or under-utilized real estate assets for redevelopment by identifying the highest-and-best use for each, and tailoring a sealed-bid marketing package to secure the highest value. Prior to Newcastle Limited, Mr. van der Zanden directed the property management, leasing, financing and asset management functions for a 22-property, 1.6 million square-foot office and industrial portfolio. In addition, he successfully turned around troubled REO assets for a life company, resulting in an increase in occupancy from 53% to 96% in 18 months.
James Conley joined RE|Solutions in November 2009 after spending 2.5 years practicing law in the Chicago area. Originally from the Washington, D.C. area, Mr. Conley moved to Chicago after graduating from the Georgetown University Law Center in 2006. Mr. Conley began his legal career at a boutique securities law firm named Vanasco, Genelly & Miller, where he focused primarily on securities litigation.
Following his stint at VGM, Conley joined Funkhouser Vegosen Liebman & Dunn, a full-service business law firm representing primarily owner-managed entrepreneurial businesses in a variety of business transactions.
About Lunchtime Learning:
Lunchtime Learning is a free educational session where industry experts teach an abbreviated class on a currently relevant commercial real estate topic. The classes will occur during the lunch hour in Realogic's downtown Chicago training facility on a monthly basis. The goal of the sessions is to establish a healthy network of commercial real estate professionals interested in continuing their understanding of the commercial real estate industry.
RE|Solutions is a leading service provider to financial institutions, owners, and lenders faced with underperforming or non performing real estate assets commercial real estate assets across the Great Lakes Midwest region.
To Sign Up!
Realogic will provide lunch for each attendee. Please register early - limited seating available. Email email@example.com or call 312-782-7325 to register or for more information.