COLLIERS INTERNATIONAL

Distressed Asset Services Receivership and Related Services

Our Distressed Asset and Receivership clients understand that Colliers

in Ohio values service excellence. Because of our dedication to creating

memorable client experiences, our clients have continued to lengthen and

deepen their relationships with us.

Some of our receivership and distressed asset clients include:

PNC Partners LNR PartnersCW Capital Torchlight InvestorsWells Fargo CRIIMI MaeTrigild American National Insurance Co.IDI Bank of AmericaNew York Life C-IIIGeneral Electric AegonCapmark Finance Nationwide InsuranceFirst City Neyer Properties

Our Clients

Colliers International in Ohio is an expert at creating opportunities from

highly challenging real estate situations. Colliers International in Ohio

has long been a leader in offering full-service real estate solutions

from brokerage to real estate management services, to distressed asset

services to receivership services.

Our Colliers professionals possess the knowledge and experience

required to professionally manage distressed situations including non-

performing loans, under-performing loans and the management, leasing,

liquidation and/or redevelopment of real estate owned (REO). Our

group has worked with a variety of financial institutions to work through

the complexities of loan defaults, workouts, and foreclosures in Ohio.

And there can be nothing more challenging than a receivership situation.

Our senior management team understands the actions required by the

Courts once appointed as Receiver. Our experience with legal service

firms enables us to act quickly to take control of the asset and proceed

rapidly with an assessment that generates recommendations to protect

the asset during the Receivership period.

At Colliers in Ohio, we gauge our success on your success, so find out

today how we can tailor solutions to overcome your toughest real estate

challenges.

Accelerating Your Success

Our distressed asset and receivership professionals are part of a national Colliers Asset Resolution Team (CART). CART is a distressed service model which identifies and reaches key players among banks and special servicers. CART’s fully integrated platform coordinates the expertise and resources of over 100 Colliers offices in North America to respond to the demands of a dramatically changing commercial real estate marketplace. Members of CART include a specialized group of receivers, asset managers and principals in acquisition and repositioning of distressed and underutilized real estate. CART professionals are committed to providing a broad set of front line skills, strategic alliances and resources to resolve complex commercial real estate challenges.

CART responds to sudden and adverse changes in ownership by assembling a front-line team of professionals to restore order at the property and begin the process of rebuilding value.

CART members understand that the client requires both speed and agility on the part of their service providers to achieve stabilization of the asset. Creativity and market knowledge are the cornerstones of our success as we quickly implement strategies to restore the property to peak performance.

Receivership Services

Valuation & Advisory

Real Estate Management

Project Leasing

Structured Financing

Asset Sales

Construction Management

Our

Serv

ices

Asset Resolution Team

Colliers performs the following services in its role as Receiver:

> Physical assessment of asset and reporting on issues required to maintain and enhance value of the asset

> Court reporting and interaction with appointed Judge on best strategic actions during Receivership period

> Interaction with existing stakeholders to stabilize existing conditions/operations

> Retention of property management, leasing, sales, construction and other related disciplines to implement agreed upon strategy

> Develop budgeting and generate corresponding financial reporting

> Devising and implementing optimal Exit Strategy

Receivership Services

The Colliers team in Ohio collaborates to build a strong brand and has

become a dominant player throughout the state for commercial real estate

brokerage, property management, valuation and other consulting services.

This ambitious approach to our business allows us to share the same

culture, best practices and service excellence, and provide seamless

service to our clients. We don’t just say we work together — we

strategically align the major markets in Ohio through our shared vision and

Paul M. Plattner CPMSenior Vice President, REMS | Cincinnati

From the beginning of Paul’s real estate career with Colliers International in 1980, he has continued in the field, developing strong business skills while supervising third party management portfolios as large as 10 million square feet. In that capacity, Paul had complete responsibility for all personnel, contractors, maintenance and financial operations. His career achievements have been highlighted by honors such as being named CPM of the Year by the Cincinnati IREM chapter, is an inductee into the Midwest Real Estate Hall of Fame and election to Ohio BOMA’s Board of Governors.

Cincinnati/Dayton

ClevelandFrank L. Pschirer CPM RPASenior Director, REMS | Cleveland

Frank brings more than 35 years experience and knowledge in leasing, construction, operations, asset management and property management of commercial real estate. He has been involved in numerous foreclosure/receivership situations representing the courts and various financial institutions providing property management and receivership services. As REMS Senior Director, he is responsible for all aspects of property management operations in Northern Ohio. His career achievements have been highlighted by honors such as being named BOMA Cleveland’s Memberof the Year for 2003, awarded IREM Cleveland’s CPM of the Year, elected past President of BOMA Cleveland and IREM Cleveland and currently serving on the Board of Trustees of BOMA.

Richard F. Underman CPM CCIMLEED Green AssociateExecutive Vice President | Columbus

Rick is a principal of Colliers International in Columbus and handles numerous administrative and leadership responsibilities for the company. Rick supervises our talented management team and focuses on new business development. His guidance and extensive experience within the real estate management industry has been instrumental in the development and growth of the company. He is regarded as an exceptional administrator and leader in his profession within Central Ohio. His career achievements have been highlighted by honors such as being named CPM of the Year by the Columbus IREM chapter, is an inductee into the Midwest Real Estate Hall of Fame and is a past President of IREM (Columbus Chapter).

Columbus

Our Colliers Team in Ohio

About Colliers InternationalColliers International is a full-service commercial real estate organization

serving clients nationally and internationally. Colliers has evolved into one

of the most significant companies in the commercial real estate market.

We are committed to being a leader in the commercial real estate services

industry and structure our firm in a manner that allows us to best serve

the needs of our clients.

Colliers is committed to innovation and the desire for continuous

improvement. This enterprising spirit gives our team members the energy

to think unconventionally and offer their clients unique solutions. With a

firm vision toward the future, Colliers isn’t afraid of a challenge, and we

foster the creativity to overcome those challenges.

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Colliers International in OhioCincinnati | Cleveland | Columbus | Dayton

www.colliers.com/ohio

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