NGA Role
• NGA appointed as receiver over these two multi-family apartment buildings by Hamilton County Court of Common Pleas.

Problem
• These two buildings were experiencing vacancy issues, operating problems and tenant distress.

NGA Solution
• NGA retained a management firm to provide day-to-day management in this multi-family situation.
• NGA solicited interested parties in hopes of obtaining a reasonable offer for purchase.
• Mortgage creditor determined they preferred to purchase these two properties at Sherriff’s Sale and bring them into their Real Estate Owned portfolio (REO).

Outcome
• Property sold at Sherriff’s sale to mortgage creditor.

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Contact Info

4675 Cornell Rd #195
Blue Ash, OH 45241

513-489-7399
turnaround@newgrowthadvisors.com

Daily: 9:00 am - 6:00 pm
Weekends: Closed

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