Receivership & Distressed Asset Solutions
Court-appointed receivership coordination and distressed asset management across Cleveland, Akron, Youngstown, and Northeast Ohio.
Receivership & Distressed Asset Services in Northeast Ohio
As part of the Cushman & Wakefield Alliance, we have access to a global platform with extensive experience in distressed asset services, property management, leasing, and advisory across all major property types. This includes the ability to leverage institutional systems, reporting capabilities, and specialized expertise based on the needs of the asset and stakeholders.
CRESCO leads each assignment locally, serving as the central point of accountability and coordination. We integrate leasing, marketing, and disposition strategy into a single coordinated execution plan.
Why Partner With Us
Local Leadership & Execution
Senior local oversight coordinating operations, leasing, sales, and advisory.
Stabilization & Control
Immediate operational takeover to protect continuity and asset performance.
Disciplined, Accountable Leadership
Shaped by experience in public systems and focused on protecting stakeholder interests and asset value.
Core Services
- Court-Appointed Receivership Coordination
- Property Operations & Financial Control
- Lease Administration & Rent Collection
- Budgeting & Financial Reporting
- Vendor & Contractor Oversight
- Utility Transfer & Site Security
- Leasing & Marketing Strategy, when applicable
- Facilities Management & Maintenance
- Asset Transition and Disposition Support
Local Operating Experience
Through our local operating platform and property management partnerships, we have direct experience managing assets across multiple property types in Northeast Ohio:
| Asset Type | Managed SF |
| Industrial | 887,786 SF |
| Hotels | 175,000 SF |
| Apartments | 356,392 SF |
| Retail | 172,500 SF |
| Office | 2,789,620 SF |
| Total Properties | 52 |
| Additional Operations | 2 Parking Garages & 2 Surface Lots |
Connect With Our Receivership Team in Northeast Ohio
Receivership and distressed asset management services throughout Cleveland, Cuyahoga County, Akron, Summit County, Youngstown, Mahoning County, and Northeast Ohio.
