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.

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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 bolsters Canadian leadership team by appointing a Head of Hospitality

Avison Young bolsters Canadian leadership team by appointing a Head of Hospitality October 12, 2021

Curtis Gallagher will steer the Canadian Hospitality Group

Toronto, ON – Avison Young is building upon its footprint in the Canadian hospitality sector, today announcing the appointment of Curtis Gallagher as Principal, Canadian Hospitality Lead.

“Curtis is an incredible addition as we help Canadian hotel owners and investors make strategic, critical real estate decisions,” said Mark Fieder, Principal and President of Avison Young in Canada. “In this newly created role, Curtis will demonstrate why he is among the best in his field at providing counsel to hospitality sector clients as they navigate the challenges experienced during the pandemic and beyond.”

Gallagher will be responsible for overseeing the Canadian arm of investment sales and financing of hospitality properties. He will work with institutional investors and private operators, helping them achieve successful real estate outcomes. Gallagher’s leadership will include developing the strategy behind driving results for clients, and harnessing talent among the Avison Young team. 

“It gives me great pleasure to welcome Curtis to the Avison Young family,” says Joe Almeida, Principal & Managing Director, Toronto. “Curtis’ reputation as a strategic thinker and seasoned leader means he is strongly positioned to grow the hospitality team in Canada and deliver tangible results for our clients.”

Gallagher brings 27 years of experience in hotel operations and real estate services, having worked with prominent hospitality brands such as Four Seasons Hotels and Resorts, Delta Hotels and Resorts, and InterContinental Hotels. Gallagher has spent the last  20 years in Canadian commercial real estate, leading other hospitality divisions. Among his professional achievements are the sales of the Westin Bayshore Hotel Vancouver, Fairmont Empress Hotel Victoria, Westin Harbour Castle Hotel Toronto, Hyatt Regency Montreal (now Hilton Doubletree) andthe Delta Ottawa Hotel & Suites. A graduate of Ryerson University’s Hospitality & Tourism and Economics programs, he is a licensed real estate and mortgage agent in Ontario.

“Having followed Avison Young’s successful expansion to many markets around the world over the last few years, I am impressed with the quality of the people and the firm’s appetite for strategic growth,” said Gallagher. “The people-first culture and the commitment to leveraging data and analytics to inform client strategies are very appealing.”

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 10 consecutive years.

 

www.avisonyoung.com

 

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For more information:

 

MEDIA:

 

BUSINESS DEVELOPMENT:

  • Mark Fieder [email protected], Principal and President, Canada: +1.416.673.4051
  • Joe Almeida [email protected], Managing Director, Broker of Record, Principal, Toronto: +1.416.673.4015
  • Curtis Gallagher [email protected], Principal, Canadian Hospitality Lead: +1.416.673.4018

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]