Court-Appointed Receivers for Distressed Real Estate and Businesses
Elliott Bay Asset Solutions offers professional receivership services that achieve successful, cost-effective resolution of troubled assets. We provide an integrated approach that combines deep expertise and experience in receiverships, real estate, business, and law.
Elliott Bay Asset Solutions’ principals have been appointed by federal and state courts as trustees and receivers to reorganize and liquidate troubled assets at the request of national lenders, community banks, venture capital funds, secured lenders, investors, business owners, and homeowner associations.
Affordable, Effective Receivership Solutions
Elliott Bay Asset Solutions combines professional receivership services with its full-service real estate brokerage and its principals’ business and legal expertise. This integrated approach eliminates costly duplication of effort between the receiver, the receiver’s attorney, and the receiver’s real estate broker—resulting in efficient, meticulous and cost-effective dispositions of troubled assets.
Resolving Complex Challenges across Washington
Elliott Bay Asset Solutions has been appointed in dozens of cases by the King, Pierce, Snohomish, Kitsap, Thurston, Grays Harbor, Clark, Island, Chelan, Skagit, Okanogan, and Whatcom County Superior Courts. Elliott Bay’s receivership portfolio has spanned a wide variety of asset types throughout Washington.
Real Estate Receiverships
- Auto repair facilities
- Condominium complexes
- Condominium developments
- Corporate industrial parks
- Distribution and warehousing
- Environmentally-impacted properties
- Hospitality
- Hotels
- Industrial buildings
- Land entitlement
- Low-income housing
- Marina and floating homes
- Mobile home parks
- Multi-family complexes
- Office buildings
- Recreational land
- Recreational vehicle parks
- Resort properties
- Restaurants
- Retail stores
- Shopping centers
- Single-family residences
- Self-storage facilities
- Time share properties
- Vacant land
- Working farms
Business Receiverships
- Grocery
- Hospitality
- Law firms
- Manufacturing and distribution
- Medical clinics and surgery centers
- Mental health and addiction counseling
- Pharmacies
- Restaurants
- Retail