SERVICES & SOLUTIONS
RECIEVER / TRUSTEE
MFG provides receivership services encompassing the complete oversight, management and disposition of a property. These services include the establishment of new bank and other financial accounts utilized by MFG (as receiver) to collect and process rent proceeds. MFG will also manage and pay property expenses such as the management of all payroll issues. Our team of in-house solution providers execute all of the management and control needs in these situations.
When a performing loan transitions into monetary or non-monetary default, MFG assumes responsibility for the administration and financial reporting of the property. Our team of industry veterans formulates a strategic action plan designed to maximize recovery through a repayment plan, foreclosure or, if necessary, disposition of the asset. The team includes qualified individuals who have experience in multiple states as receivers for troubled assets under the approval and direction of the court. To increase investor value, MFG vigilantly analyzes, measures, prices and mitigates risks of every asset in our clients’ portfolios. We support each investment with a detailed business plan and provide investors with rigorous and consistent quarterly updates to identify important milestones and multiple exit strategies.
MFG has the expertise to provide a property level audit of every real estate asset class. We are frequently engaged to provide financial statement and lease audits during the workout process.
The MFG team benefits from experience both in property ownership and management. Managing a portfolio in excess of 25,000 multifamily units and several million square feet of commercial space provides MFG with the experience and track record to successfully oversee every aspect of a property’s needs, from leasing to construction management.
MFG provides management services to both institutional and entrepreneurial owners as well as corporate users. Dedicated to maximizing property value through all aspects of property operations, our team of credentialed senior property and facilities managers offers clients industry-leading tenant relations programs, strategic planning, building enhancement programs and timely accounting and financial reporting.
From ground-up construction of multifamily and commercial properties, to tenant build-out and major rehab projects, the principals and team at MFG provide an array of services. Our in-house construction management team applies management techniques to the planning, engineering, design, and construction of a project in order to control the schedule and cost to complete the project at hand.
We will create a comprehensive management and financial reporting schedule for every stage of the project while yielding the greatest possible bene t to the owners and offering the following key advantages:
Optimize use of available funds
Control the scope of work
Optimum use of design and construction quality to avoid delays and changes
Maximize return to owner
DISPOSITION AND INVESTMENT SERVICES
In addition to decades of property management and development experience, the principals of MFG have sold billions of dollars worth of performing and troubled real estate owned (REO) property. It is our mission to assist our clients in marketing troubled assets and making informed decisions, which leads to maximum loan recovery. This is accomplished from years of experience in understanding all property types, financing vehicles, as well as ground level insight into market conditions nationwide that influence an asset’s current and future value.