SITUATION The lender, a New York City based private equity fund, entered a motion to appoint a Receiver to preserve the asset value of a 22-story masonry 359-room hotel constructed in 1927 located in the…
MAYFAIR OFFICE CASE
SITUATION A major special loan servicer, Midland Loan Services, entered the motion to appoint a Receiver to preserve the asset value of a Class B Office Building in suburban Milwaukee. The borrower lacked the funds…
SHORELINE CONDOMINIUM
SITUATION The City of Chicago entered a motion to appoint a Receiver to prepare a feasibility study of a 49-unit, high-rise residential condominium. The HOA was under pressure by the City of Chicago Department of…
LINCOLN MALL CASE
SITUATION The Village of Matteson, IL entered the motion to appoint a Receiver to protect the public and preserve the value of the Lincoln Mall, a partially demolished regional mall in south suburban Chicago. In…
Collateral Trustee brings value-added receivership and asset management services to the most challenging real estate opportunities. Our dedicated professionals understand the complexities associated with commercial real estate, particularly distressed properties and development projects, and work with each of our clients individually to develop and implement a comprehensive strategy designed to maximize value.
Our capabilities include all aspects of strategy development, operating stabilization, asset management, leasing, and disposition for a variety of property types and clients. We emphasize superior client service, professionalism, effective and efficient communications, and a sharp attention to detail.
By capitalizing on our expertise, in-depth market knowledge and value-added performance, we are able to provide creative, customized, and cost-effective solutions that result in highly- successful outcomes for our clients.
Latest News
- Ziyad family sells Orland Park retail center March 27, 2024A Chicago-area investor has sold a retail center anchored by AutoZone.
- Why Melissa Rubenstein made the switch from JLL to Cushman & Wakefield March 27, 2024After 20 years representing Chicago landlords in office lease negotiations, Melissa Rubenstein has switched sides to tenant representation.
- North Side condo deconversions could slow after latest sale March 27, 2024The Lakeview condo building first hit the market three years ago.
- Echo Global Logistics completes buildout for downtown Chicago headquarters March 26, 2024The Chicago-based provider of technology-enabled transportation and supply chain management services is the second-largest tenant at 600 W. Chicago Ave.
- Will United Airlines’ woes give rivals a boost? March 26, 2024The Chicago-based carrier could lose customers to rivals if more of its nonstops become connecting flights.
Latest Cases
MORE CASESOPPORTUNITY ASSESSMENT
Conduct local market overview Provide competitive property overview Review third-party reports Review and confirm existing zoning and entitlements Review and confirm existing incentives such as TIF, Historic Tax Credits, Enterprise Zone, New Market Tax Credit,…
PROPERTY STABILIZATION
Inspect Property Secure site and building access Reconnect utilities – electric, gas, phone Test and monitor mechanical systems Review and maintain existing property covenants if applicable Obtain casualty insurance Assemble property file Contact tenant(s) and…
ASSET MANAGEMENT
Establish operating budget Maintain accounts payable and accounts receivable Obtain third party reports including: title, legal, building condition, appraisal, market studies, etc. Maximize and maintain occupancy if applicable Appeal real estate tax assessment Supervise required…
KEY PEOPLE
Mr. Suzuki is the President of Collateral Trustee, Inc. and has over 30 years of experience serving financial institutions, including banks, private equity firms, insurance companies, court appointed trustees and governmental agencies.
Ms. Neill has over 15 years experience as an asset manager and financial analyst of real estate for private equity firms and community banks. Her area of focus included commercial and multifamily properties located in the greater Chicago Metro and Upper Midwest. Prior employers include Ravinia Capital Group, Comprehensive Management Services, Inc., Great Banc Trust Company and University Bank. Ms. Neill holds a Bachelor of Arts Degree from Loras College in Dubuque, Iowa. She is an active sailor and member of the Chicago Yacht Club and is a Board Member for Judd Goldman Adaptive Sailing.