The Ins and Outs of Receiverships (CCIM contributor)

We were invited to contribute to CCIM Institute’s article The Ins and Outs of Receiverships.” The piece explains why receiverships have become an increasingly important remedy in today’s commercial real estate market and how CRE professionals can find meaningful opportunities within this area. A receivership is a court-appointed, neutral mechanism that preserves, manages, or liquidates assets tied to litigation or default. It serves as a tool to protect lender interests, preserve value, and limit exposure for stakeholders.

The article guides readers through the typical lifecycle of a receivership, beginning with litigation and the motion to appoint, followed by the court order, qualification through oath and bond, and the receiver’s commencement of duties. It also describes the many roles a receiver may take on, including property owner, property manager, developer, asset seller, or forensic accountant. For a closer look at these stages, see our guide to The Life Cycle of a Court Receivership.

In addition, the article highlights business opportunities for CRE professionals. These include providing broker opinions of value (BOVs), preparing market reports for lease or sale strategies, property management, and brokerage services during liquidation. To explore these areas further, visit our resources on the qualifications of a receiver and qualities that make a good court-appointed receiver.

For readers seeking deeper legal and procedural insights, the article defines key receivership terms such as bond, confirmation, final account, receiver’s certificate, and rents/issues/profits. It also compares receiverships with bankruptcy. Additional resources that may be helpful include How are court receivers appointed, What are the powers of a court receiver, What is the property of the receivership estate, and How is a receiver paid (including how a receiver charges for services).

The key takeaway is that receiverships are a complex but expanding niche that rewards ongoing education, familiarity with court processes, and demonstrated experience in commercial real estate. For additional practice-focused guidance, see our resources on Types of Receiverships and Introduction to California Court-Appointed Receivers.

Read the full CCIM article here to explore the complete discussion.

Related Posts

Skyscrapers seen from their base

Types of Receiverships

The California Code of Civil Procedure Section 564 lists many of the traditional types of cases in which receivers may be appointed. They include, but are not limited to, the following: Preservation of a common fund or property in dispute and in danger of injury or dissipation;Rents, Issues and Profits (Real Estate);Substandard Housing – The…

People conversing on a outdoor table

Equity Receiverships vs. Limited Purpose Receiverships

A receivership can be structured in a variety of ways based on the nature of the dispute, the goals and objectives of the parties, the type of asset(s) that will be placed under the control of a receiver as well as the ruling of the court. There are two core types of receiverships – a…

Federal Courthouse

The Life Cycle of a Court Receivership

All court receiverships are not created equally, but the life-cycle of a court receivership has similarities that can be seen in almost every case.

A building with the sky as a background

Get in Touch Today