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’s Neil Lacheur appointed Chair of BOMA Canada

Avison Young’s Neil Lacheur appointed Chair of BOMA Canada November 11, 2024

Avison Young’s Neil Lacheur appointed Chair of BOMA Canada

Toronto, ON – Avison Young is proud to announce the appointment of Neil Lacheur, Principal and Executive Vice President, Real Estate Management Services, as Chair of the Board of Directors of the Building Owners and Managers Association (BOMA) Canada. 

“Neil’s extensive experience and expertise makes him a major asset to BOMA’s Board,” said Mark Fieder, President of Avison Young, Canada. “BOMA is a strong advocate for our industry and an important partner; I am thrilled for Neil to be stepping into the role of Chair.”

With 20 years of direct real estate management experience, Lacheur oversees Avison Young’s Real Estate Management Services portfolio, leading a team that is responsible for delivering integrated management and reporting services. Collectively, the team manages more than 22 million square feet of retail and industrial space across Canada. He served as Treasurer and Vice-Chair of BOMA Canada prior to his appointment as Chair. 

BOMA Canada is a dynamic federation composed of over 3,100 members in the commercial real estate industry, representing more than 2.1 billion square feet of office space. 

“I am honoured to be named Chair of BOMA Canada and am excited to work with the team, Directors, and 11 BOMA Chapters across the country to serve our member stakeholders,” said Lacheur. “Commercial real estate is a dynamic business with so many opportunities. BOMA Canada supports programs that help facilitate excellence in real estate management, focusing on areas such as ESG, emergency preparedness, and digital transformation. We are also strongly committed to advocacy, thought leadership, and education in support of our members’ objectives.”

Specializing in property management, Lacheur is passionate about the customer experience and advancing Environmental, Social and Governance practices. His market knowledge, attention to detail, and inclusive management style have helped investor clients successfully manage the various stages of the real estate lifecycle. Prior to joining Avison Young, Lacheur was the Senior Vice President of Customer Experience at QuadReal Property Group, the Vice President of Property Management at Bentall Kennedy, and the Property Director for Manulife Real Estate.

About Avison Young

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 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 14 consecutive years.

www.avisonyoung.com


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For more information:

Andrea Zviedris [email protected], Director, Media Relations – North America
 

Key distressed property services contacts

Mark Fieder

    • Principal
    • President, Canada
    • Corporate Executive

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, Senior Director, Project Management
    • Project Management
[email protected]

Matthew McWatters, AACI, P.App

    • Principal, Managing Director & Canadian Leader, Valuation & Advisory Services
    • Valuation Advisory Services
[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]