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 appoints its first female Managing Director in Canada

Avison Young appoints its first female Managing Director in Canada April 12, 2023

Jessica Toppazzini will lead the Vancouver office as MD Michael Keenan retires

Vancouver, B.C. – Avison Young is pleased to appoint its first female Managing Director (“MD”) at the market level in Canada as Jessica Toppazzini takes the helm from retiring MD Michael Keenan in the Vancouver office.

Toppazzini first joined Avison Young in January 2022 to build the Valuation & Advisory team as Senior Vice President & Practice Leader British Columbia. During that time, she has grown the valuation and advisory platform across the province, guiding business strategies and complex valuation services.

“Jessica represents a new wave of leadership at Avison Young, demonstrating an exceptional laser-focus on exceeding goals, and thinking critically and strategically – which makes her a natural successor for Michael Keenan,” said Mark Fieder, Principal and President of Avison Young in Canada.  “I look forward to watching Jessica leverage her expertise to support the Vancouver brokerage team and work with our non-brokerage service lines to deliver positive results.”

Toppazzini will focus on business development, prioritizing initiatives that expand the firm’s reach and brand in the marketplace, and increase revenue. With an emphasis on team building and professional development, she will strive to find new ways to help the team thrive and generate more wins through the use of the firm’s occupier services platform and cutting-edge technology, AVANT by Avison Young. Toppazzini’s objective is to continue to build upon Avison Young’s integrated, holistic offering for clients, helping her team partner with service lines and experts across the country and around the world.

Although a first for Canada, Toppazzini is not the first female MD for the firm elsewhere in the world: Avison Young proudly has a total of 10 female MDs leading major markets in the United States, United Kingdom, and Germany. The firm’s commitments to champion women through diversity, equity and inclusion are not just words, but are intentional and deliberate actions taken across all areas.

“I am proud to have become the first female Managing Director for Avison Young in Canada – it’s a great accomplishment,” said Toppazzini. “I am thrilled to embark on a new journey and use this opportunity to showcase my dedication to empowering women in their careers. I look forward to leading the team, and collaborating with them on new perspectives and opportunities.”

Keenan retires from Avison Young after 12 years as Principal and MD, and more than 40 years in the industry. Since joining in 2009, he made key contributions toward the growth and overall success of the firm in the city and broader B.C. market – having been recognized among the Most Influential Business Leaders in British Columbia by Business in Vancouver. Says Fieder, “Michael is a shining example of what it means to be a true partner, and his counsel and insights have been invaluable.”

"As I’ve been preparing for retirement, I’ve paused to look back and ask myself if what I leave behind is in better shape than when I first started – and if I’m leaving it in the right hands," said Keenan. "The answers are, ‘I would like to think so and emphatically yes.’ The Vancouver office is firmly positioned to provide insightful, unique service that exceeds client needs – and they will most definitely do this under Jessica’s new leadership."

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 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.

For more information:

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]