Distressed properties commercial real estate services

Avison Young’s distressed property team has the extensive technical knowledge and expertise to manage, value, lease, market and sell your distressed properties to minimize risk, and maximize proceeds.

From receivership to management, leasing and disposition, corporate and asset strategy to implementation we cover a full-range of services. Our expert appraisers and knowledgeable brokers provide detailed appraisal studies and concise Broker Opinions of Value reports and Broker Pricing Opinions.

Connect with my local distressed properties advisor

 

Our key service lines to aid in distressed asset situations:

  • Valuation and Advisory Services
  • Business Consulting & Advisory Services
  • Real Estate Management Services
  • Project Management Services
  • Real Estate Consulting & Advisory Services
  • Leasing Strategy & Agency Services
  • Property Tax Appeal
  • Capital Markets, Debt Services, & Investment Sales

Experts in all asset classes, specializing in:

  • Asset and portfolio strategy
  • Accredited appraisal & valuation services
  • Receivership and judicial/court-ordered sale listing services
  • Listing proposals and broker opinions of value
  • Licensed property management services to assist receivers
  • Advisory services for insolvency, workouts and restructuring (businesses, assets/real estate and debt)
  • Expert witness testimony and litigation support in court or arbitration
  • Corporate real estate strategy including workplace, industrial and retail footprint optimization

Structured to support your distressed property, no matter the scope.

Our services are aligned to offer full or partial support of your unique distressed property experience.

 

01 Understand your asset
Analyze and value distressed property situations and provide solutions to align with your business and real estate needs.

02 Take control and stabilize
Complete property administration, project management and maintenance takeover.

03 Create value
Discover and resolve unknown issues and disputes to better position your asset in the market.

04 Disposition / exit
Strategic disposition and exit strategies to effectively market and sell your assets for maximum value.

Avison Young COVID-19 (Coronavirus) Resource Centre - Global real estate insights and expertise

As this unprecedented situation continues to rapidly evolve, Avison Young's briefing notes are intended to provide our clients with an up-to-date assessment of the impact on the commercial real estate market.

 

Visit OUR GLOBAL COVID-19 Resource Center

LEARN MORE ABOUT THE Impacts on CANADIAN Commercial Real Estate

Distressed property services news and updates

Avison Young grows valuation advisory business in Alberta

January 14, 2021

Expands team with three valuation leaders to offer comprehensive real estate valuation to clients across the public and private sector

Edmonton, AB Avison Young is growing its Real Estate Valuation & Advisory business in Alberta to serve clients throughout the province, today announcing the addition of a team of three, building on additional hires made to support the service delivery at the end of 2020. Ryan Miller, Joel Andresen and Nancy Brown join Avison Young from Colliers.

Cory Wosnack, Avison Young Principal and Managing Director of the firm’s Edmonton office, today said: “Whether it is disposition, acquisition or leasing, having a clear indication of property value, backed by data and insights, is imperative to achieving strategic economic, social and environmental outcomes for our clients. The team we’ve built over the last two years across disciplines challenges the market by bringing a diversity of experience that gives our clients thoughtful and dynamic counsel to achieve their goals across increasingly complex and unique property requirements.”

Miller, one of Alberta’s top appraisers for the last five years, has more than 20 years’ experience and joins as a Senior Vice President. Andresen, who brings a decade of experience in commercial real estate, has appraised more than $12 billion worth of real estate across all major asset classes with a focus on incoming-producing properties; he also joins as a Senior Vice President. Brown brings 25 years of experience across property management and appraisal; she joins as a Client Services Coordinator.

Reflecting on his reasons for joining Avison Young, Andresen noted: “This is an amazing opportunity to be part of a talented and rapidly growing commercial real estate services firm with a unique collaborative culture. We look forward to exploring and developing many synergies with this group to elevate our success and the level of service we deliver to our clients.”   

The team joins Andrew MacLeod and Jadran Mujcinovic, who established the valuation expertise in Edmonton in November 2020. Together, the team delivers unparalleled expertise in Valuation & Advsiory services to clients across diverse asset classes throughout Western Canada, and form part of Avison Young’s global Valuation & Advisory Services offering.

The moves come as part of a broader strategic initiative by the firm to expand its professional services offering across Canada through growing distinct service offerings, including corporate real estate and workplace consulting, project management, valuation and advisory services, occupier services and real estate and infrastructure consulting being spearheaded by Sheila Botting, Principal and President, Americas Professional Services together with Mark Fieder, Principal and President of Avison Young in Canada. Noted Botting: “If the experience navigating the pandemic in 2020 has revealed anything, it’s that one-size-fits all solutions don’t serve the unique needs of business agendas. The breadth and depth of experience our team brings across the value chain delivers actionable intelligence to clients on how to leverage real estate as an indispensable tool of business.”

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.

 

www.avisonyoung.com

 

Follow Avison Young

Twitter (News) Twitter (Deals) Blog LinkedIn YouTube Instagram

 

For more information:

  • Cory Wosnack, Principal and Managing Director, Edmonton: +1.780.429.7556

Key distressed property services contacts

Mark Fieder

    • Principal
    • President, Canada
    • Corporate Executive
[email protected]

Sheila Botting

    • Principal & President Americas, Professional Services
    • Consulting & Advisory
[email protected]

Neil Lacheur

    • Principal
    • Executive Vice President
    • Real Estate Management Services, Canada
    • Facility Management
    • Property Management
    • Asset Management
[email protected]

James Heaps

    • Executive Vice President
    • Consulting & Advisory
    • Strategic Business Advisory
[email protected]

Brent Kingdon

    • Principal, Practice Leader, Project Management Services
    • Project Management
[email protected]

Amy Erixon

    • Principal
    • President, Global Investment Management
    • Investment Management
[email protected]

Robin White

    • Broker, Principal
    • Capital Markets Group
[email protected]

Norman A. Arychuk

    • Mortgage Broker, Debt Capital Markets Group
    • Capital Markets Group
    • Consulting & Advisory
    • Debt & Equity Finance
[email protected]