Cordes & Company

Hole-in-one on foreclosed golf community

When a bank started the foreclosure process the developer of a 600-acre golf community located in Colorado, it had Cordes & Company appointed as receiver to care for and operate the development (including management of the golf course, recreation center, and homeowners association) and assist the bank and marketing efforts.  The developer filed for bankruptcy protection and fought with the bank for almost one year.  Nevertheless, under Cordes & Company's management, homeowner concerns were addressed, neglected facilities were repaired and maintained, and use of the 18-hole golf course increased 20 percent. 

7979 E. Tufts Avenue
Suite 820
Denver, CO 80237
Telephone: 303.721.8755
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.0985
2030 Main Street
Suite 1300
Irvine, CA 92614
Telephone: 949.379.1202