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Multi-family Residential

Sunshine Mobile Home Park (Tipp City, Ohio)

NGA Role • NGA appointed by Miami County Court of Common Pleas to serve as receiver over real estate assets that had been in a Chapter 7 Bankruptcy. • NGA was then retained as Manager over the assets when the entity controlling this real estate sought protection under Chapter 11 of the Bankruptcy Code. • [ Read More ]

THR, Inc. Receivership (Hamilton, Ohio)

NGA Role • NGA appointed as receiver over certain real estate of this company by Butler County Court of Common Pleas. Problem • These distressed multi-family properties were in neglect due to lack of capital for repair and maintenance. • Affordable Housing deed restrictions posed challenges in marketing properties for sale. • Tenant population presented [ Read More ]