At Cape Fear Commercial we recognize time is money and take every measure to ensure the transaction is handled professionally and efficiently, leading to value maximization for our clients.

Cape Fear Commercial's professionals have the unique expertise required to handle a variety of distressed situations including non-performing or under-performing loans and the management, leasing and liquidation, liquidation of bank owned assets and/or redevelopment of real estate owned (REO) property. Our team has been involved in numerous types of loan defaults, workouts, turnaround transactions and foreclosures, including foreclosures, court appointed receiverships, bankruptcies and deeds in lieu of foreclosure. Cape Fear Commercial is available to assist by management, lease-up, repositioning, re-development and marketing of a property for sale after it has become REO.

Bank Services

Cape Fear Commercial has extensive experience providing businesses and owners of real estate a broad range of services in situations involving financially troubled real estate. Our expertise includes the following services:

• Representing and assisting bankruptcy trustees
• Assisting Asset Managers or turnaround management teams with their real estate asset responsibilities
• Consulting with owners of real estate on how best to maximize their value
• Creating strategic plans for monetizing real estate
• Advising lenders with respect to workouts and restructurings as it relates to the real estate collateral
• Handling assignments for the benefit of creditors
• Representing buyers and sellers in acquisitions and dispositions of troubled real estate
• Liquidation and/or removal of bank owned personal property
• Participating in auctions and other non-typical real estate sale strategies

Receivership Services

Members of Cape Fear Commercial's team are well acquainted with court proceedings involved in the foreclosure process and the appointment of a receiver. Our experience gives us the ability to participate in legal processes with our clients and attorneys, ensuring that the receiver appointment is adequate in both its scope and authority. We can provide the necessary tools for a smooth transition and the financial flexibility needed to maintain and create value in the asset.

Cape Fear Commercial's receivership services (through our affiliate, Receiver Services of NC, LLC) include the following:

• Stabilizing property management operations and ensuring tenant retention
• Development and implementation of a Strategic Real Estate Plan
• Overseeing and direction of the property management team
• Managing court approved capital projects, if necessary
• Evaluation and creation of marketing materials and leasing strategies
• Detailed monthly reporting
• Devising and implementing an optimal exit strategy

Partial Client List

• SunTrust
• BB&T
• North State Bank
• NewBridge Bank
• Bank of Hampton Roads
• First Citizens
• Rialto Capital
• Bank of the Ozarks
• Wells Fargo