Putman Properties, Inc.’s management division has acted as a court appointed Receiver in five (5) counties and the US Bankruptcy Court for Northeast Ohio. Putman Properties, Inc. has successfully completed several cases managing, selling, and protecting over 175 properties in five counties. The total asset value of each Receivership ranged from $150,000 to $12 Million.
Receivership Services include asset preservation and protection, income collection, managing and paying expenses, repairing, leasing, selling and cash flow reporting to our clients and the courts. We generate monthly detailed income and expense reports, balance sheets and cash flow statements.
In addition to serving lenders who have taken back properties, out 24/7 Property Management crew is responsible for almost 1.5 million square foot of real estate.