Stephen J. Donell, CPM®, CCIM, ARM® has been active in various fields of real estate since 1984.  Since that time, Mr. Donell has been involved in the acquisition, development, marketing and management of properties primarily located in the western United States.  Property types include office, retail, industrial, multi-family, hotel, motel, mobile home parks, self-storage, land, single family and condominiums.

Since 1990, Mr. Donell has administered and/or been appointed as a federal and state court receiver in over 700 cases in both state and federal court.  He has extensive experience involving asset and business liquidations and operations, gas stations, restaurants, residential, retail and commercial real estate.  In addition, Mr. Donell has administered cases involving commercial and residential owners’ associations, post judgment enforcement actions, marital dissolution cases, single family and condominium construction completion/entitlements, accounts receivable collections, collateral seizure cases, including medical practices and coin laundry facilities, truck stops, parking operations, skilled nursing facilities and/or Residential Care Facilities for the Elderly (RCFE), intermediate care facilities, entertainment, ATM, EB-5, equipment rental, apparel and other types of business receivership appointments.  Mr. Donell has also administered and/or been appointed in federal court as receiver in United States Securities and Exchange Commission, Federal Trade Commission and other government enforcement actions.  These cases have involved over 25,000 investors/consumers and invested funds totaling more than $750 million and involve the recovery of assets in multiple foreign jurisdictions. Mr. Donell has also served as court appointed dissolution manager and distribution agent.

Mr. Donell is the President of Jalmar Properties, Inc. AMO®, a real estate investment and property management company specializing in the acquisition, development and management of commercial, retail, industrial and multi-family housing.  The company was formed in 1985 and has provided management services for real estate properties with a market value in excess of one billion dollars.  Jalmar Properties, Inc. AMO® is licensed as a Real Estate Broker in California, Arizona and Nevada, and the company was awarded the designation of AMO® Company of the Year in 2005 by the Institute of Real Estate Management (IREM®). Jalmar has extensive experience in commercial tenant improvement work, sub-standard housing, rehabilitation, code enforcement compliance including mold, lead-based paint and asbestos remediation.  Mr. Donell is also President of FedReceiver®, Inc., which employs four full-time receivers.

Mr. Donell is President of Donell Expert Services, Inc. and he serves as an expert witness for both plaintiffs and defendants in cases related to premises liability, habitability, lease and receivership standard of care disputes. He has served as an expert in matters including but not limited to slip and fall, habitability, mold, roaches/bedbugs, asbestos, lead-based paint, sub-standard housing allegations, the criminal acts of third parties, and overall standard of care issues related to the ownership, operation and management of residential and commercial real estate. He also serves as an expert in matters involving the duties and obligations of court appointed receivers.

  • Equity Receiver
  • Rents, Issues and Profits Receiver
  • Commercial and Residential Real Estate
  • Judgment Enforcement Actions
  • Gas Stations / C-Store / Car Wash
  • Restaurants
  • Hospitality
  • Entertainment
  • Condo/Single Family Residential Construction Completion
  • Partition Referee
  • Court Appointed Dissolution Manager
  • Residential Care Facilities for the Elderly (RCFE)
  • Health and Safety Compliance Issues Involving Sub-Standard Real Estate
  • Code Enforcement Actions
  • Government Enforcement Receiverships
  • Partnership/Business/Marital Dissolution
  • Residential Development
  • Leasing and Brokerage
  • Expert Witness
  • Asset Liquidation
  • Commercial and Residential Owners Associations
  • Property Management
  • Provisional director

San Diego State University – Real Estate Major

Numerous advanced level classes through the Institute of Real Estate Management (IREM®) and the CCIM Institute


  • State of California
    • Real Estate Broker
    • Dept. of Social Services RCFE Administrator Certification Program
    • State Bar of California MCLE Approved Provider – Receivership University 101 2013-2016
  • CCIM Institute
    • Certified Commercial Investment Member
  • Institute of Real Estate Management (IREM®)
    • Certified Property Manager (CPM®)
    • Accredited Residential Manager (ARM®)
    • Accredited Management Organization (AMO®)
  • Environmental Protection Agency
    • Certified Lead Abatement Renovator
  • Apartment Association of Greater Inland Empire
  • Arizona Multi-Family Housing Association
  • Beverly Hills Greater Los Angeles Association of Realtors
  • Building Owners and Managers Association
  • California Receivers Forum – Los Angeles/Orange County Chapter
    • State Board of Directors – 2010-2013; 2020-2021
    • Co-President – 2010 – 2013
    • Education Forum Panelist
  • California Apartment Association
  • CCIM Institute – Greater Los Angeles Chapter
    • Greater Los Angeles Chapter Board of Directors
    • Events Chair 2009-2011
    • Scholarship Chair 2017- Present
  • International Association of Restructuring, Insolvency & Bankruptcy Professionals
  • Institute of Real Estate Management (IREM®)
  • International Association for Asset Recovery
  • Los Angeles Apartment Owners Association
  • Los Angeles Bankruptcy Forum
  • National Apartment Association
  • National Association of Federal Equity Receivers
    • President 2012-2014
  • National Association of Realtors®
  • Special Assets Managers Association
A building with the sky as a background

Get in Touch Today