Receiverships

Representative Engagements

  • Sanctuary Pointe (Will County) – Deed in lieu of foreclosure
  • Partially completed 69 unit residential development in New Lenox, Illinois.
  • Worked with the Receiver to market the property and obtain competitive offers.
  • Granite Centre (Cook County)Foreclosed
  • Multi-tenant commercial office building in Schaumburg, Illinois.
  • Filed sanctions motion against owner for failure to provide documents.
  • Resolved tenant disputes over landlord defaults and drafted necessary lease amendments.
  • Worked with the Receiver to develop alternative rental income through parking lot lease.
  • 914 W. Hubbard Street (Cook County)Case pending
  • Multi-tenant residential building in Chicago, Illinois.
  • Filed sanctions motion against owner for failure to turnover financial documents.
  • Advised Receiver regarding potential bankruptcy issues.
  • 2501 W. Davey Road (Will County)Deed in lieu of foreclosure
  • Vacant office building in Woodridge, Illinois.
  • Worked with Receiver to negotiate and obtain lender and court approval of $12 million multi-year lease.
  • Tri-Center O’Hare (Cook County)Receiver sale to third-party purchaser
  • Three building commercial complex in Elk Grove Village, Illinois.
  • Worked with Receiver to market property and negotiate $4 million sale.
  • Three Woodfield Road (Cook County) – Receiver sale to third-party purchaser
  • Commercial office building in Schaumburg, Illinois.
  • Worked with the Receiver to market property and negotiate $3.1 million sale.
  • Obtained lender and court authority to consummate sale by Receiver.
  • Best Western (Cook County) – Case pending
  • Closed former Best Western Hotel in South Holland, Illinois.
  • Coordinated real estate tax appeal.
  • Negotiated trademark issues with franchisor.
  • Involved with city government regarding building code issues.
  • Armitage Place (Cook County) – Case dismissed following sale of note by lender
  • Multi-tenant commercial building in Melrose Park, Illinois.
  • Negotiated resolution of rent disputes with tenant.
  • Pursued and settled eviction proceedings against delinquent tenant.
  • Brighton Court  (Will County) – Case Pending
  • Single-tenant commercial property in Frankfort, Illinois.
  • Resolved numerous mechanics liens and tenant credit claims.
  • 541 W. North Avenue (Dupage County) – Foreclosed
  • Single-tenant restaurant property in Villa Park, Illinois.
  • Resolved issues related to liens on personal property located on premises, including return of personal property sold to third party.
  • Prosecuted eviction proceedings.
  • 363 W. Erie (Cook County) – Chapter 11 plan confirmed and Receiver discharged
  • Multi-tenant office building in Chicago, Illinois.
  • Represented Receiver in single-asset real estate bankruptcy filed by property owner.
  • Negotiated agreement for Receiver to continue serving during bankruptcy.
  • Worked on monthly operating reports filed by Receiver during bankruptcy.
  • Obtained payment of pre-petition claims on behalf of Receiver.