Receivership

Court-Appointed Receivers for Real Estate and Distressed Assets

 

Elliott Bay Asset Solutions offers professional receivership services that achieve successful, cost-effective resolution of troubled assets. We provide an integrated approach that combines deep expertise and experience in receiverships, real estate, law, liquidations, turnarounds, and business management.

Elliott Bay Asset Solutions’ principals have been appointed by federal and state courts as trustees and receivers to reorganize and liquidate troubled assets at the request of national lenders, community banks, venture capital funds, secured lenders, investors, business owners, and homeowner associations.

Affordable, Effective Receivership Solutions

Elliott Bay Asset Solutions combines professional receivership services with its full-service real estate brokerage and its principals’ legal expertise.  This integrated approach eliminates costly duplication of effort between the receiver, the receiver’s attorney, and the receiver’s real estate broker—resulting in efficient, meticulous and cost-effective dispositions of troubled assets.

Resolving Complex Challenges across Washington

Elliott Bay Asset Solutions has been appointed in more than 28 cases in the last two years by the King, Pierce, Snohomish, Kitsap and Whatcom County Superior Courts. Elliott Bay’s receivership portfolio has spanned a wide variety of asset types throughout Washington.

Real Estate Receiverships

  • General office buildings
  • Medical office buildings
  • Auto repair facilities
  • Retail stores
  • Restaurants
  • Motels
  • Multi-family complexes
  • Single-family homes
  • Condominiums
  • Work-live townhomes
  • Working farms
  • Vacant land

Business Receiverships

  • Medical services
  • Mental health and addiction counseling
  • Technology
  • Manufacturing and distribution
  • Hospitality
  • Grocery

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