Case Studies

Although Mobile Home RV (MHRV) Resort Parks are certainly not at the forefront of the commercial real estate industry, in today’s economy there are currently more and more special servicers facing the challenge of handling this asset type.

A unique alterative use for vacant retail space or even an office building may be a Self Storage Conversion. A straight forward concept, it involves converting the interior of commercial space by partitioning it into numerous self storage units and installing a small rental office while altering the exterior of the building to promote awareness.

As loan defaults on commercial real estate escalate and special servicers’ workloads skyrocket, use of court appointed receivers is becoming a more viable option for special servicers when dealing with loan default resolutions on income producing property.