Appellate Court appointed Stapleton receiver of $409MM Lead Paint Abatement Fund awarded to 10 California municipalities after six-month competitive process among ten qualified receivers.
As Receiver, Stapleton improved the secured lender’s recovery by more than 100% by leasing the property and then selling it in a competitive process.
As Receiver of a new school, completed construction, obtained the certificate of occupancy, marketed the property, and maintained it for two years until its successful sale to the local school district for $20 million.
Stapleton Group profitably managed a surgery center, medical office building and personnel company while crafting, mediating and implementing a settlement between there feuding surgeon-owners and lawyers.
Stapleton optimized the value of a bank-owned dairy farm operating as a feed lot and sold it in a competitive process. We maximized the bank’s recovery by negotiating a new lease with the current tenant prior to selling the property.
As State Court Receiver of a non-performing hotel with asbestos located in Arizona, we successfully achieved a loan recovery for the lender. The Receivership Sale eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. Our key actions leading to operating improvements and a successful sale of the property […]
As State Court Receiver of a non-performing chain hotel property in Yuma, Arizona with asbestos, we successfully achieved a loan recovery for the lender. The Receivership Sale eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. Our key actions leading to operating improvements and a successful sale of […]
As State Court Receiver of a partially burned, non-operational hotel property with asbestos located in Sacramento, California, we successfully achieved a loan recovery for the lender. Upon determining it was cost-prohibitive to rebuild, we pursued a Receivership Sale. This solution eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. […]
Served as Federal Court Receiver of big box retail center in Los Angeles that had been vacant for over 5 years. Key actions leading to successful sale of property above appraised value included: Maximized sale price by finding buyer whose re-use of property generated the highest residual purchase price for the building. Negotiated conditional use permit […]
As State Court Receiver of a hotel property with asbestos located in the Central Coast of California, we successfully achieved a loan recovery for the lender. The debtor had been unsuccessful in his efforts to sell the property for multiple years. The Receivership Sale eliminated any future environmental liability risk for the lender that could […]
