MCA has managed single tenant and multi-tenant class “A”, “B”, and “C” quality office buildings.
With effective and constant communication to owners and tenants within the associations, MCA limits the liability and tension present when a developer fails to meet their obligations.
MCA’s 20 years of receivership experience provides security for lenders as an asset moves through the court process. MCA’s experience includes relationships and familiarity with attorneys and judges working in this domain giving all parties comfort that issues will be resolved effectively and efficiently.
Commercial Office Experience
MCA has managed real estate assets as a Receiver in Arizona, California, Colorado, Texas, Utah and Nevada among others giving lenders flexibility and consistency when selecting a receiver/property manager. MCA’s receivership, turnaround, and restructuring experience helps reduce legal fees and accelerate resolution of issues for lenders’ benefit.
92,000 Sq Ft
160,000 Sq Ft
25,000 Sq Ft
28,000 Sq Ft
28,000 Sq Ft
16,000 Sq Ft
130,000 Sq Ft
73,000 Sq Ft
74,307 Sq Ft
55,000 Sq Ft
35,000 Sq Ft
60,000 Sq Ft
45,000 Sq Ft
80,000 Sq Ft
110,000 Sq Ft
Standard Receivership Checklist
Southwest Corporate Center
Southwest Corporate Center is a 73,000 square foot office building in Tempe, AZ. MCA was engaged as receiver and property manager by the secured lender. The three-story building was 60% occupied at appointment with several deferred maintenance issues.
As MCA worked through its standard receivership checklist, we identified some irregularities between the bank statements and balance sheet cash accounts. At request of the lender MCA drilled down into some specific accounts and transactions to discover nearly $150,000 had been diverted from the operating account to the borrower and several vendors.
MCA notified the secured lender and worked with counsel to take the necessary steps to have the monies returned to the lender.
FROM MORRIE AARON • MCA FOUNDER
“You have our personal commitment that MCA will provide the highest quality work to its clients in a timely manner. Confidentiality and trust are important ingredients in any business relationship and MCA is committed to these values.”
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OUR MCA PROFESSIONALS
MCA Financial Group provides senior-level teams that specialize in four practice areas to meet your financial and business needs. Each team is directed by an accomplished Senior Managing Director who possesses the requisite frontline experience necessary to provide personalized attention.
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