November 12, 2013
Receivership...The Work Continues
As we continue our series on properties in receivership, we move onto weeks three and four. The first two weeks, as highlighted earlier on our blog, focus on taking control of the property, informing the tenants and...
October 17, 2013
Borror Commercial Real Estate Steps In For The Win
Borror Real Estate was contracted to close the deal. As previously highlighted, Reflections on the Lake, a 457 unit property, had been ordered into receivership. Gryphon, the designated receiver, contracted Borror Property Management to come in...
October 8, 2013
Borror Property Management Gained Control And Took Action
The Reflections on the Lake Property was in receivership and in need of professional, experienced property management. Borror Property Management was contracted to analyze, direct and manage all of the organizational, communication, financial, and maintenance needs. Swift...
September 27, 2013
Why Borror? We Understand Receivership.
Receivership is the process of appointment by a Court of Receivership to take custody of the operations, rents, and profits of a property pending a final disbursement for the benefit of creditors. Reflections on the Lake, a...
September 5, 2013
Takeover of a Fledgling Property Leads to Big Gains…
Borror Properties Managed the Process from Beginning to Sale: A Quick Snapshot Reflections on the Lake, a fledgling 457 unit apartment complex on the north side of Columbus, had fallen into disrepair and was beset with crime,...