Appointed by the Courts, Trusted by Leading Lenders and Law Firms
Since 2010, Elliott Bay Asset Solutions has acted as court-appointed receiver for more than 100 engagements
With our deep expertise in business, real estate, and law, we’ve been trusted time and again to safeguard creditor and equity interests where distressed business and/or real estate holdings are concerned. With every receivership engagement, we’ve built a solid reputation for professionalism, integrity, and effective performance across a wide range of business sectors and real estate holdings.
Get In TouchFinancial Institutions That Have Nominated Us As Receivers
- Axos Bank
- Bank of America
- Banner Bank
- Bank of Hope (BBCN Bank)
- Broadmark Realty Capital
- Cathay Bank
- Chase Bank
- Columbia Bank
- First Security Bank
- First Sound Bank
- Fortune 100 Companies
- GBC International Bank
- Harris Bank
- Heritage Bank
- HomeStreet Bank
- Key Bank
- Kitsap Bank
- Pacific Union Financial
- Private Securities-Backed Mortgage Funds
- Seattle Bank
- Thrivent Financial
- Umpqua Bank
- Union Bank
- U.S. Bank
- Washington Federal
- Wells Fargo
Assignments for the Benefit of Creditors
Debtors, both companies and individuals, also nominate us to serve as Receiver when they become insolvent, are unable to pay their debts in the ordinary course of business, or otherwise choose to liquidate. Boards of Directors have asked us to serve as Receiver when companies elect to administratively dissolve; and probate estates have also asked us to serve as Receiver when they need expert assistance.
Law Firms That Have Nominated Us As Receivers
- Assayag Moss
- Ball Janik
- Banyan Legal Counsel
- Borde Law
- Bush Kornfeld
- DBS Law
- DeLue Law
- Eisenhower Carlson
- Elizabeth Sweet
- First Avenue Law Group
- Foster Garvey
- Foster Pepper
- Fox Rothschild
- Hacker & Willig
- Hanson Baker Ludlow & Drumheller
- Helsell Fetterman
- K&L Gates
- Karr Tuttle
- Landerholm
- Law Office of G. Michael Zeno
- Lane Powell
- Law Office of James L. Strichartz
- Law Office of Jennifer T. Karol
- Law Office of Richard D. Seward
- Law Office of Terence K. Wong
- Law Office of Anthony Wisen
- Lee Anav Chung
- Miller Nash
- Newman DuWors
- Oles Morrison Rinker & Baker
- Riddell Williams
- Ryan Swanson & Cleveland
- Schwabe
- Schweet Linde & Rosenblum
- Snell & Wilmer
- Sternberg Thomson Okrent & Scher
- Stoel Rives
- The Tracy Law Group
- Vandeberg Johnson Gandara
- Wenokur Riordan
Receivership Engagement Testimonials
Gentlemen, on behalf of myself and the entire staff here at AXIS Pharmacy NW, I'd like to again acknowledge all that you did for us during the receivership. I realize it wasn't easy for anyone for a variety of reasons but, in the end, WE DID IT!
This deal was like a soap opera with surprises coming every week. Your team showed amazing flexibility and tenacity throughout. With the challenges that we faced, I can't imagine a better outcome. I don't look forward to ever facing a similar situation, but if we do, we will know who to call.
I think you have performed masterfully in getting this property sold for more than I thought you could get when we discussed the myriad of issues.
I have enjoyed working with you. You are a true professional and you can count on me if you ever need a professional reference.
Thank you to you and Susie and the team for the amazing work.
I am very impressed with the coordination, which will benefit every creditor and principal.
Thanks for the team effort and coordination to get this accomplished.
I remember this was quite a fire drill when it first came in, so great work on steering the ship.
Stuart, I can't tell you how much I appreciate you and your team.
THANK YOU for everything you've done and are doing to try to save them.
You have a remarkable in-house team.
You did a great job on this.
Stuart is a pro.
Our Portfolio
Elliott Bay Asset Solutions handled general or custodial receivership services for the following entities, among others.
34007 1st Circle
Six-unit apartment building
4 Miles LLC
Single-tenant retail/commercial storefront
425 SW 175th Place, LLC
Single family residential property
A&S Hotels, LLC
65-unit Best Western - College Way Inn Hotel
Advanced Allergy & Asthma PLLC
Medical practice
Ahn - Welcome Motor Inn
50-unit motel
Alexandria Drugs LLC
Pharmacy
Architectural Details, Inc.
Architectural lighting and fixture manufacturer
Beltran Properties
Three residential properties
Breckenridge Group Pullman WA, LLC
Partially completed 196-unit student housing apartment building
Brickstone Holdings, LLC
Commercial property with retail tenants
Buffelen
Door manufacturer plus its real property and more than 71 employee shareholders
CP/IPERS
70,000 square foot, five story commercial office building
Camp Lakeview, LLC
300-acre RV resort and campground with a wedding and event venue
Cashmere Manor
25-unit low income apartment complex
Churchill
Portfolio with 13-unit and six-unit apartment buildings, as well as a commercial condominium building
DB2 Seattle LLC
Partially completed eight-unit live/work/condo/townhome project
Daly's, Inc. (Daly's Paint & Decorating)
Retail paint and decorating business with multiple locations
Daniel A. Kropf
Automotive repair shop
Discover Books
Bookseller with sales of $57.1MM per year and 249 employees with physical locations in seven states and doing business in 46 states
Duck Properties, LLC
Eight-unit multi-family development
ESW Group
Commercial building with a retail tenant
Eastern WA Construction
14 condominium units in seven different partially completed structures
Everett
1.21-acre residential property
Everett
7.48-acre residential property
Express Linen
Commercial property with a linen supplier tenant
Festivals, Inc.
Event promotion company responsible for putting on Bite of Seattle, Taste of Tacoma, and Oktoberfest
Garden Ridge
Multi-family residential property on 4.94 acres
Green Firs Village
42-unit apartment community
Henderson Place Condominiums
Nine-unit apartment condominium building
Hern
13.87-acre mixed use commercial property
ICP, Inc.
Sealant distributor
J.P. McGivney
Two single-family residential properties
JDH Investment Group
Diamond Valley Estates -- 79 acres platted for 200 single family homes
Johnson Investment Company
107-unit apartment community
Karin Kay
Historic single-family residence zoned for commercial use
L&P Development
Portfiolio including multiple parcels of vacant land
Lane
Luxury single family residential property
Lathrop Management and Investments, LLC and Seattle Gear Company, LLC
I-502 licensed cannabis producer/processor
Legacy Bellevue 530, LLC
Single family residential property
Linmar-Tacoma, LLC
Historic six story, 74,360 square foot office/retail building
M&M Harbor Properties, LLC
Portfolio of seven distinct properties including an 11-unit apartment building, a multi-purpose commercial building, a 52-Unit storage facility, a 19-unit mobile home park, and two manufactured homes
McClenahan
Auto repair facility
McKay Chadwell
Single family residential property
Meydenbauer House
Condominium unit
Mountain Container
Shipping/cargo container sales and leasing business
Muleskinners, Inc.
Receiver for a commercial office building and an 11-unit apartment building
Northwest Hand Specialists, Inc., P.S.
Ambulatory surgery center
PTLHW Foods - Unified Grocers
Grocery store in Normandy Park
Pacific Cannabis Development
Cannabis holding company
Pacifica Counseling, LLC
Chemical dependency outpatient treatment services clinic
Pak Lee
Multi-tenant retail building
Parmenter
Portfiolio including working farm, residential properties, and multiple parcels of undeveloped land
Pensione Nichols
Single family residential property
PicoBrew, Inc.
Consumer product development company that designed and manufactured home beer brewing appliances
Pinnacle-Steilacoom Boulevard, LLC
Medical office complex
RCO - NTS
Law firm and a trustee company conducting 50,000 foreclosures per year in 17 different states
Ridgewood View, LLC
Eight-unit apartment building
Ross Land & Cattle LLC
Multi-unit commercial building with commercial and retail tenants
Royal Creek LLC
15 planned and partially completed single family residential townhome structures
SH & SI Holdings, LLc
Partially completed townhome project
Seven Seas Investment, Inc.
Commercial property with a restaurant tenant
Shiraz Specialty Pharmacy
Retail pharmacy
Steller, Inc.
Electronics components business
Stocking Living Trust
22-Unit apartment building
Strichartz
Law firm
Surecrete, Inc.
Real property and business engaged in selling concrete products
Thompson
Sic-unit apartment building
Twenty Plus, LLC
I-502, Tier III cannabis producer & processor
University Twenty, LLC
20-unit mixed-use apartment/retail building
V.S Investment Assoc.
Four partially completed lofts/single family homes plus single family home in two locations
Valley Dental
Dental practice
VisibleBrands, Inc.
Digital in-store advertising technology company
Voight Creek Estates
Subdivision consisting of 17 finished but undeveloped lots
Welle Inc.
Import, trade, & distribution business
Yacinde Association
48-unit lakefront condominiums with operating timeshares at Wapato Point Resort