Property Management Assignment

Private Investor

Naples, Florida

Description & Duties

  • 12,000 sq. ft. multi-tenant commercial property
  • Collected rent, paid sales taxes and property taxes
  • Oversaw all property and grounds

Status or Disposition

  • Current property management

Property Management Assignment

Hancock Center

N. Fort Myers, Florida

Description & Duties

  • 10,000 sq. ft. multi-tenant office and professional services complex
  • Completed $170K of interior and exterior upgrades including new roof, stucco and paint, strip and seal parking lot, A/C replacement and finish out of interior unit

Status or Disposition

  • Current property management
  • Coordinate with tenants and collect rent
  • Reconcile CAM fees
  • Resolve maintenance issues as required
Hancock Center N. Fort Myers, FL

Property Management Assignment

Riverchase Medical

Naples, Florida

Description & Duties

  • 5,000 sq. ft. professional medical building

Status or Disposition

  • Current property management
  • NNN leased
  • Coordinate with tenant and collect rent
  • Reconcile CAM fees
  • Coordinate with Riverchase Condominium Association
Riverchase Medical, Naples, FL

Property Management Assignment

Sandhill Commons

Port Charlotte, Florida

Description & Duties

  • 24,000 sq. ft. commercial services and medical professional center
  • Completed $325K of interior and exterior upgrades including re-roofing, irrigation and landscaping, stucco and paint, seal and strip parking lot, A/C replacement and finish out of units

Status or Disposition

  • Current property management
  • Coordinate with tenants and collect rent
  • Reconcile CAM fees
  • Resolve maintenance issues as required
Sandhill Commons, Port Charlotte, FL

Property Management Assignment

Scott Street Commercial Condominium

Punta Gorda, Florida

Description & Duties

  • 2,200 sq. ft. finished professional suite
  • Completed $46K of interior upgrades including replacement of floor, painting and A/C units

Status or Disposition

  • Current property management
  • Coordinate with tenant and collect rent
  • Reconcile CAM Fees
  • Resolve maintenance issues as required
  • Coordinate with Scott Street Condominium Association
Scott Street Commercial Condominium, Punta Gorda, FL

Property Management Assignment

High Point Professional Center

Naples, Florida

Description & Duties

  • Two (2) 1,340 sq. ft. professional office suites
  • Completed $126K interior upgrades including design and layout, complete finish out of unit, A/C upgrade and internet wiring

Status or Disposition

  • Current property management
  • Coordinate with tenants and collect rent
  • Reconcile CAM Fees
  • Resolve maintenance issues as required
  • Coordinate with High Point Professional Condominium Association
High Point Professional Center, Naples, FL

Property Management Assignment

Acline Center

Punta Gorda, Florida

Description & Duties

  • 1,850 sq. ft. business flex-space unit
  • Completed $13,500.00 of interior upgrades including mold removal and floor replacement

Status or Disposition

  • Current property management
  • Coordinate with tenant and collect rent
  • Reconcile CAM Fees
  • Resolve maintenance issues as required
  • Coordinate with Acline Center Condominium Association
Acline Center, Punta Gorda, FL

Property Management Assignment

St. Joseph Hospital Medical Arts Building

Port Charlotte, Florida

Description & Duties

  • Two (2) 1,000 sq. ft. and 1,995 sq. ft. medical offices suites
  • Completed $29K of interior upgrades including mold removal and finish out of unit

Status or Disposition

  • Current property management
  • Coordinate with tenants and collect rent
  • Reconcile CAM Fees
  • Resolve maintenance issues as required
  • Coordinate with St. Joseph Medical Arts Condominium Association
St. Joseph Hospital Medical Arts Building, Port Charlotte, FL

Receivership Assignment

English Pub (Capital Bank)

Naples, Florida

Description & Duties

  • Former restaurant and pub with additional residential apartment
  • Part of a mixed-use building in business/services district of Naples, Florida
  • Receiver supervised removal and sale of outdated business fixtures and furnishings
  • Hired professional services to fully clean and prepare the property for showing and sale

Status or Disposition

  • Foreclosure completed
  • Finished receiver assignment

Property Management Assignment

Lusso Villas (EverBank)

Naples, Florida

Description & Duties

  • Assignment included managing a condominium association
  • Property management of small complex, property and grounds
  • Supervised a bank-owned unit, repairs, renovation, cleaning and preparation for marketing and sales
  • Assignment property included a vacant phase II parcel

Status or Disposition

  • Turnover to association is complete
  • Bank-owned unit is sold
  • REAS turned over operation and management to HOA

Property Management Assignment

Times Square (Liberty Bank)

Fort Myers Beach, Florida

Description & Duties

  • Two commercial multi-tenant buildings (one with 2nd floor residential component)
  • Three residential units
  • REAS coordinated the transfer from prior property management office
  • REAS oversaw monthly rent collection and management, paying of all legitimate bills and expenses

Status or Disposition

  • Property management assignment completed
  • Bank sold assets

Property Management Assignment

Carollwood Plaza (EverBank)

Bonita Springs, Florida

Description & Duties

  • 19,472 sq. ft. multi-tenant retail center
  • Re-keyed, cleaned and prepared suites for showing, leasing and property for sale
  • Oversaw all property and grounds cleaning and maintenance
  • Collected rents and paid property expenses

Status or Disposition

  • Assignment completed

Property Management Assignment

Nicholas Plaza (EverBank)

Cape Coral, Florida

Description & Duties

  • 41,000 sq. ft. multi-tenant retail center
  • Re-keyed suits, supervised site and ground cleanup
  • Prepared property for leasing and sale
  • Oversaw all property ground-cleaning and maintenance
  • Collected rents and paid property expenses

Status or Disposition

  • Property sold by lender
  • Assignment completed

Property Management Assignment

Taylor Road (EverBank)

Naples, Florida

Description & Duties

  • Multi-bay industrial building plus large vacant site (formerly car towing, impound and storage lot)
  • Property managers hired experienced environmental site cleanup consultant
  • Oversight and supervision of site clearing, cleanup and removal of debris, scrap and vehicles
  • Supervised site maintenance for weeds and grass
  • Inspection to assure no unauthorized access of use of the building and grounds

Status or Disposition

  • Assignment completed

Receivership Assignment

Innovative Construction (Fifth Third Bank)

Charlotte County, Florida

Description & Duties

  • Single-family residential portfolio
  • 12 properties (seven finished units, three under construction and two vacant lots)
  • Oversight of property and maintenance
  • Managed sale of five units

Status or Disposition

  • Foreclosure completed by lender
  • Property managers July – November, 2009

Receivership Assignment

Estates (Gibraltar Private Bank)

Collier County, Florida

Description & Duties

  • High-end “spec” home, abandoned and given back to the lender in foreclosure
  • Receiver got bids to repair and refurbish the house following theft and vandalism by prior owners
  • Home, grounds and swimming pool were repaired and made functional in good order

Status or Disposition

  • Foreclosure completed by lender
  • Property sold to investor

Receivership Assignment

Springs Resort (Fifth Third Bank)

San Carlos, Florida

Description & Duties

  • 50-room motel originally built 1960s
  • Receiver supervised and directed property managers who were hired to manage day-to-day operations on-site

Status or Disposition

  • Receiver located purchasers
  • Property sold to investor

Receivership Assignment

Palm Professional Terrace (Bank of Florida)

Fort Myers, Florida

Description & Duties

  • 28,814 sq. ft. professional office complex with two buildings
  • Receiver’s office collected rents, directed payment of bills and expenses
  • Receiver continued as property managers, following completion of foreclosure by the lender

Status or Disposition

  • Foreclosure completed by lender
  • REAS managed after foreclosure from August to September 2009

Receivership Assignment

Gateway Crossings (Fifth Third Bank)

North Port, Florida

Description & Duties

  • 28,000 sq. ft. retail center
  • 30,000 sq. ft. commercial office building
  • Receiver’s office managed the property
  • Receiver hired a property management firm, who assumed responsibility for day-to-day operations, management and leasing

Status or Disposition

  • Foreclosure completed by lender

Receivership Assignment

Corner Building (TIB Bank)

Naples, Florida

Description & Duties

  • Four commercial office suites – ground floor
  • Four two-story residential units – upstairs
  • Receiver’s office collected rents, paid expenses and oversaw property management and repairs

Status or Disposition

  • Property sold in settlement/short sale

Receivership Assignment

Greyhound Business Park (Liberty Bank)

Bonita Springs, Florida

Description & Duties

  • May 2010 to present
  • Two office/warehouse buildings (across the street)
  • One single-tenant net-leased facility
  • Receiver’s office collected rents, paid expenses and oversaw property management and leasing

Status or Disposition

  • Receiver assignment completed
  • Property sold; purchaser located by receiver for one of two properties

Receivership Assignment

Greyhound Business Park (EverBank)

Bonita Springs, Florida

Description & Duties

  • May 2011 to present
  • Multi-tenant flex space property
  • Receiver oversaw property inspections and cleanup; collected rents and paid expenses

Status or Disposition

  • Foreclosure completed by lender
  • REAS remains property manager
  • Property sold by lender

Receivership Assignment

Railhead Industrial Park (EverBank)

Naples, Florida

Description & Duties

  • December 2010 to present
  • Single tenant office/warehouse property
  • Receiver oversaw property inspection, repairs, cleanup and maintenance

Status or Disposition

  • Foreclosure completed by lender
  • REAS remains property manager
  • Property sold by lender

Receivership Assignment

Greyhound Business Park (Private Lender)

Bonita Springs, Florida

Description & Duties

  • January 2011 to 2017
  • Two-building office/warehouse flex space
  • Receiver oversaw property inspection, repairs, cleanup and maintenance
  • Collected income and paid expenses

Status or Disposition

  • Receiver assignment completed
  • REAS remained as property management through 2017 when the buildings were sold to investors

Receivership Assignment

Vivante (Fifth Third Bank)

Punta Gorda, Florida

Description & Duties

  • July 10, 2009 to present
  • 342-unit condominium development
  • Receiver was in charge of 31 “clean” finished condominium units, 15 units in a building with Chinese drywall issues and 10.8 acres of vacant, phase II land
  • Receiver supervised maintenance, marketing and sales, court administration of the case, plus court approvals

Status or Disposition

  • Receiver assignment completed

Property Management Assignment

Preserve Plaza

Estero, Florida

Description & Duties

  • 1,934 sq. ft. commercial professional space
  • Prepared unit for leasing

Status or Disposition

  • Current property management
  • Coordinate with tenant and collect rent
  • Reconcile CAM fees
  • Resolve maintenance issues as required
  • Coordinate with Preserve Plaza Professional Condominium Association with resources in insurance, landscaping and tenant disputes
  • Property sold to investor
Preserve Plaza, Estero, FL