Receivership
Sierra Consulting Group's professionals have been serving as court appointed receivers for many years. As receiver, we operate and manage operating companies and distressed real estate, at the request of both lenders and owners. Lenders choose Sierra for our extensive experience as well as our ability to immediately protect and preserve collateral. Owners appreciate our cost effective services and ability to quickly assess the situation and offer solutions.
Receiverships of operating companies often arise from litigation, when a responsible person is needed to ensure the assets of the company are not diminished until the litigation matter can be resolved. We are also brought in early to help avoid litigation by serving as an impartial party during a partnership or shareholder dispute. Our team includes experienced forensic accountants that can determine whether improper payments or other fraudulent transactions have occurred. We have served as interim CEO, CFO and COO for a wide variety of companies and industries. Whether retained by a lender or owner, we can quickly take steps to preserve the value of the business and its assets, and assist in the turnaround and restructuring of the company. Recent receivership engagements have included companies in health care, retail, manufacturing, real estate development, agriculture and other industries.
Sierra's real estate team includes experienced property managers, brokers and other real estate professionals. We can assist in the leasing and sale of properties through our in-house property managers and other real estate professionals, as well as through our many relationships with third-party brokers, buyers and tenants. Most of our real estate receivership assignments are requested by lenders, but we are also brought in by partners or other interested parties where an independent third-party is needed. We have provided receivership services for nearly every property type, including retail centers, multi-family projects, office buildings, industrial parks, hotels, time-shares and single-family developments.
Receiverships of operating companies often arise from litigation, when a responsible person is needed to ensure the assets of the company are not diminished until the litigation matter can be resolved. We are also brought in early to help avoid litigation by serving as an impartial party during a partnership or shareholder dispute. Our team includes experienced forensic accountants that can determine whether improper payments or other fraudulent transactions have occurred. We have served as interim CEO, CFO and COO for a wide variety of companies and industries. Whether retained by a lender or owner, we can quickly take steps to preserve the value of the business and its assets, and assist in the turnaround and restructuring of the company. Recent receivership engagements have included companies in health care, retail, manufacturing, real estate development, agriculture and other industries.
Sierra's real estate team includes experienced property managers, brokers and other real estate professionals. We can assist in the leasing and sale of properties through our in-house property managers and other real estate professionals, as well as through our many relationships with third-party brokers, buyers and tenants. Most of our real estate receivership assignments are requested by lenders, but we are also brought in by partners or other interested parties where an independent third-party is needed. We have provided receivership services for nearly every property type, including retail centers, multi-family projects, office buildings, industrial parks, hotels, time-shares and single-family developments.
