“We will do what is needed to create a positive outcome for lenders and all parties. You can count on that.– Tommy Stewart, Chief Operating Officer
Brick-and-mortar retail properties of all types have struggled over the last decade. What can be done to help? The solution begins with a full-service team that understands how to optimize an asset’s potential while balancing its given expense limitations.
RockStep is that full-service team.
RockStep Capital’s proven operating experience and innovative revitalization strategies are sought out by lenders seeking receivership services. Our team has operated in the capacity of court-appointed Receiver in many instances where a lender wishes to take operating control of a retail asset from the borrower. In addition, RockStep forms joint ventures to acquire mall assets with a plan to stabilize, identify and execute on value creation strategies.
Further, we understand the reporting requirements required by the court, lenders and special servicers. We are uniquely positioned to perform receivership activities that maximize the potential of an asset.
Negotiation of Service Contracts
Records and Document Take Over
Accounting and Financial Reporting
Property Tax Appraisals
Property Management and Maintenance
Insurance Evaluation and Improvement
Written Status Reports
Marketing and Market Research
Redevelopment and Repositioning
At RockStep Capital, we leverage our operating acumen to maximize the value of each property through Leasing, Increasing Occupancy, Improving NOI and Cost Reduction to drive Mall Sales Performance.
Lenders and investors count on us to help them reach the best possible resolution.