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Case Studies

Darnell Walker Receivership (Cincinnati, Ohio)

NGA Role • NGA appointed as replacement receiver over this real estate Hamilton County Court of Common Pleas. Problem • NGA learned that original receiver had allowed this vacant property to be heavily vandalized and rendered unlivable. NGA Solution • NGA secured the property. • NGA listed this property for sale. • NGA negotiated with [ Read More ]

Fortress Storage Receivership (Milford, Ohio)

NGA Role • NGA appointed as receiver over the real estate of this company by Clermont County Court of Common Pleas. Problem • Distressed self storage facility needed to be managed on a day-to-day basis, revenues and profits increase and sold along as a going concern. NGA Solution • NGA provided day-to-day management in operation. [ Read More ]

Sluder Enterprises (Batavia, Ohio)

NGA Role • NGA appointed as receiver over the real estate and operating assets of this company by Clermont County Court of Common Pleas. Problem • Distressed restaurant needed to be controlled and sold along with company owned real estate. NGA Solution • NGA entered into contract with franchisor to allow them to manage the [ Read More ]

Screw Machine Products Company (Amelia, Ohio)

NGA Role • NGA was retained at the recommendation of the secured lender to provide turnaround consulting, management coaching and refinancing guidance. Problem • Third-generation managed company had fallen on hard times due to loss of major customers, lack of cash to purchase raw materials, lack of credit with vendors and challenges with customers. NGA [ Read More ]