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RECEIVERSHIP

NAI 1st Valley has a history of working as a Receiver with institutional owners of distressed properties in Southern New Mexico dating back to the 1980’s. In selecting NAI 1st Valley in Las Cruces for foreclosed property management and receivership services, lenders obtain the following:

1. Communication and reports to the court regarding the property. Randy McMillan CCIM SIOR, as your receiver, will personally attend to those functions.

2. Property Management, including asset preservation, tenant coordination, accounting, and every service needed to maintain the value of the asset.

3. Brokerage: all services including leasing, disposition, value analysis and investment advice. NAI 1st Valley is the only foreclosed property management and receivership brokerage in Las Cruces and the rest of Southern New Mexico that deals exclusively with commercial property and offers complete commercial brokerage services.

4. Investment Analysis: this is not required often for receivership services, but no one understands our market better.

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