The use of a qualified court appointed Receiver to recover or preserve the value of a real estate asset is critical. Jenel Management is fully qualified to provide comprehensive receivership services for residential and commercial properties. Whether the asset is distressed or stable, we implement a course of action that is designed to keep the property safe, secure, and profitable.

By temporarily assuming the role of “owner” of properties on the verge of bank foreclosure, we assume complete control of the property, from the mortgagor, including control over the collection and application of all rental income from the property. To preserve the property, we pay all operational expenses and perform managerial functions as directed by the court. Routine reports are made to the court and bond is posted when required.