Receiverships Services
Central Florida Receiverships
Jerome Stewart, President of the Stillwater Companies, has been appointed as receiver 30 times by the Florida Circuit Courts in multiple jurisdictions throughout the state. Stillwater Companies Realty, LLC has subsequently acted as property manager, leasing and sales broker on behalf of multiple creditors throughout Florida, once foreclosure is completed.
Receivership Assignments:
Jerome Stewart, Court Appointed Receiver
As of January 6, 2021
- Ayman – Commercial office complex in Longwood, FL
- Petersen – Commercial Center in Date City, FL
- Colony – 176 lot mobile home park with sewer treatment plant in Brevard County
- Bracy – Commercial Retail condominium complex in St. Cloud, FL
- Hot in Place – Asphalt recycling equipment/property oversight St. Petersburg, FL
- North Glen – Section 8 apartment community in Tampa, FL
- Latinos – Retail Center in Kissimmee, FL
- Lake – Office Complex in Mt. Dora, FL
- Space Place – Storage Center and retail center in North Ft. Myers, FL
- Narcoossee – Retail/Office complex in St. Cloud, FL
- Howell – Three commercial buildings in Pasco and Hillsborough counties
- Place to Be – 21 room motel at Nokomis, FL with a 14 slip marina
- Beach – 41 room hotel in Daytona, FL with two commercial rental tenants
- AMV – Commercial automotive related and storage complex in Clearwater, FL
- Ancient Oaks – Commercial Complex in Dad City
- Kahl 10,000 sq/ft Multi-Tenant Industrial Property in Longwood
- AMV – Commercial automotive related and storage complex in Clearwater, FL
- Murphy – Portfolio of rental townhomes in downtown Orlando, FL
- RWS – Retail complex in Kissimmee, FL
- Griffin – Warehouse building and 7 warehouse condo units in Orlando, FL
- Venetian – Retail center in Winter Springs
- Alfa – 24,000 SF Office building in Daytona
- Bini & Rema – 110 room former Super 8 Motel in Titusville
- Set Materials – Recovery and Liquidation of 27 pieces of heavy construction equipment
- Suhl’s – Multi-tenant industrial complex in Altamonte Springs
- Springs Centre – Multi-tenant office complex in Altamonte Springs
- Tuscan – Two story office building in Lake Mary
- MB Traxx – Multi-tenant former Albertsons anchored retail center
- Green Acres Mobile Home Park – 41 lot mobile home park in Lake Wales
- Kevstin – 11,000 sq ft office building in Haines City
- 1900 7th Place – 16 Unit Residential Rental Project in Ocala
Features and Benefits Of Using A Receiver
- Court Receivers Protect the asset from physical waste.
- Control the Cash Flow to pay utilities, insurance and/or other operating expenses.
- Identify and correct code enforcement and permitting issues when necessary.
- Quickly and properly identify issues of critical concern and property status.
- Operations Analysis, Reviews, Implementation & Management.
- Sub-contractor, employee, vendor review and analysis.
- Preparation and submission of detailed monthly operating reports.
- Provide safe quality financial information on property economics to facilitate liquidation after foreclosure.
- Preventative Maintenance and/or Repairs.
- Permitting, Design, Consulting and Construction Services.
- Commercial and Tenant Build Out.
- Secure deposits, collect rents and manage tenant relationships.
- Preserve Current Occupancy and Commence Rent-Up.
- Maximization of income and implementation of cost controls.
- Prepare the lender for ownership and facilitate quicker sale of the asset.