Cordes & Company

Retail property stabilized for sale

A small retail center in Parker, Colorado, was in distress and could not make its loan payments.  When the secured lender began foreclosure proceedings on the property, Cordes & Company was appointed as receiver to manage and stabilize the property.  We worked with vendors to deal with maintenance issues, resolved certain tenant issues, investigated issues with the books and records, and managed the property during the foreclosure period.  The secured lender was the successful bidder at the foreclosure sale.

California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
Colorado
5299 DTC Boulevard
Suite 815
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
220 South 6th Street
Suite 2125
Minneapolis, MN 55402
Telephone: 612.455.6027
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