Receivership Asset Management/Liquidation
1308 Dorsey Road, Hanover, MD, disposition of 8.8 acre commercial development site with houses
9190 Red Branch Road, Columbia MD, 7 acre development site with 28,000 square foot tenanted building
9385 Washington Blvd, Savage, MD, disposition of 56,000 square foot multi tenanted warehouse
Heaver Plaza, Lutherville, MD, 80,000 square foot office building
Grand Centreville, Centreville,
VA, A 171,000 square foot
shopping center
American Equities, Baltimore, MD Management and disposition of 33 single
and multifamily dwellings
Revis Engineering, Largo, MD, A
mechanical engineering contracting firm
Green Development, Westminster, MD 8 medical condominium units
Galway Group, Bethesda, MD, A 12,000 square foot Commercial building
Lee Avenue Apartments, Takoma Park, Md, a 37 apartment complex
312 - 322 North Eutaw, Baltimore, MD, Three office/retail buidings, 118,000 square feet
Thurmont Plaza, Thurmont, MD, a 33,000 square foot shoppping plaza
Old DominionSquare, Woodbridge, VA, an 80 unit office/retail condominium
The Baltimore Grand, Baltimore, MD, Two turn of the century Bank
buildings converted to an 8,000 square foot full service
catering/banquet facility
Armorguard Munufacturing, Temple Hills, MD
Frager Bears, Temple Hills, MD: A 24,000 square foot, two
tenant
warehouse/industrial building.
Valleys of Towson, Towson, MD: A vacant parcel of land planned
for
39 units and one condominium unit.
Gold Coast Mall, Ocean City, MD: A 120,000 square foot shopping
mall.
Midwood and Kennedy House Apartments, Riverdale, MD: 73
apartment
units in two buildings.
Peninsula Pork, Inc., Eden, MD: A 1200 sow
breeding/multiplier
(1200 suckling pigs) facility on 60 acres; a 4000 wean to feeder
facility;
6000+ pigs in finishing farms in Pennsylvania and Ohio.
Manassas VA: 11.49 acre shopping center site, proffers and
zoning
considerations. Limited partnership interests from bankruptcy
estate.
Towson, MD: 284 room Conference Center hotel with a restaurant,
two
lounges, full catering and banquet facilities; 200,000 sf commercial
office
complex in two towers; 1,500 car shared parking facility.
Breezy Point Marina, Chesapeake Beach, MD: 224 slip full
service
marina, ships store, environmentally sensitive area, boat storage,
campground,
beach, cottages.
Town Properties, Baltimore, MD: A 44 unit combination of
townhouses
and apartment units in three locations in the Liberty Hieghts area of
Baltimore.
Nitelife Building, Lexington Park, MD: 14,000 sq multi-tenant
commercial
building.
Greenbelt, MD; Three 60,000 sf commercial office buildings with
retail
space.
Charlotte, NC; Six 10,200 sf car washes in five states.
Timonium, MD; 145,000 sf commercial building; Columbia, MD:
300,000
sf of flex office park partially complete; Laurel, MD: 50 acre
partially
developed office warehouse park.
Baltimore, MD; 317 unit (three buildings) historic apartment
complex.
Elkridge, MD; Lighting distribution center with a GE franchise.
Arlington, VA; Liquidation of a 26,000 sf retail strip center;
Washington,
DC: 8,000 sf vacant parcel of land.
Annapolis, MD; 105,000 sf retail outlet center.
Solomons, MD; Liquidation of 35 partially completed single
family
homes and 100 lots.
Solomons, MD; Liquidation of 730 single family lots.
Management of the receiverships and assets has required review
and
approval of leases, receivables, payables, payroll, maintenance,
repairs,
checking accounts, management company activities, contracts, leasing,
collections,
taxes, zoning, permitting, and reporting to the appropriate courts of
all
activities.
Portfolio Management
Contract management of a real estate portfolio consisting of an
industrial
park in Westminster, MD, a 15,000 sf mansion operating as a catering
hall
in Pikesville, MD, a 232-lot single family subdivision in Bel Air, MD,
an 80-unit apartment with approvals for a 256-unit redevelopment plan,
and a site planned for a 312-unit townhouse development.
Asset Management and Liquidation
Senior Asset Manager responsible for approximately $94 million
in
asset disposition including design, implementation, and ongoing
management
of the marketing efforts for the portfolios of six failed savings and
loans
with combined assets of more than $1 billion. Supervision of five asset
managers and the management of a $50 million portfolio of loans and
assets.
Member of the Receivership's Review Committee for all loan/asset
disposition
approvals.
Institutional
Management, evaluation and disposition of 1,500 single family
lots
in Washington, Oregon, Idaho, Montana, Utah, and California. Management
and disposition of $27 million portfolio of single family housing,
condominiums,
raw land, subdivisions, multi-family and commercial projects. Asset
evaluation
and review for potential financial institution acquisition.
Independent
Planning and Project Coordinator for joint venture purchases
and
development of land and commercial ventures. Residential land sales to
builders and developers in the greater Puget Sound area.
Land sales to builders and developers to supply inventory for
home/condominiums
sales offices. Management and training of sales agents, sales
promotion,
advertising and production supervision.
Commercial real estate sales.
