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.
• NGA listed this property for sale.
• NGA negotiated with numerous interested parties and arranged a stalking horse auction with a lead bidder and bid protection.
Outcome
• Sold at stalking horse auction as a going concern.
