In this episode, Michel Couillard, CRE, discusses distressed assets and receiverships with John Viggers, CRE. When confronting commercial loan defaults and protecting distressed assets, what are the best solutions lenders and special servicers are providing: Receiverships? Workouts? Foreclosures? Auctions?
John Viggers, CRE, is Regional Vice President of Cushman & Wakefield Iowa Commercial Advisors in West Des Moines, Iowa. John has directed the management, leasing, and sale of a diverse portfolio of commercial assets for private and institutional clients in the U.S., Europe, and South America. He has a particular expertise in property and asset management, the disposition of distressed assets, and receivership services. John’s counseling assignments include portfolio transitioning for families, developing commercial real estate firm operations, and strategic growth planning for commercial clients.