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.

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