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
an empty vacant retail shopping strip center

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 service wheel depicting services offered to clients with distressed assets

Distressed property services news and updates

Avison Young welcomes new Principal to lead delivery of services, governance, and change management strategies for major client group

Nick Chung March 25, 2026

Nick Chung will oversee portfolio of over 300 client locations globally

Toronto, ON – Global commercial real estate (CRE) advisor, Avison Young, welcomes Nick Chung as Principal and Senior Director – Corporate Accounts, overseeing major client groups for the firm.

Based in Toronto, Chung will serve as a trusted partner in this newly created role, leading a global office occupier portfolio of over 300  locations in more than 30 countries across multiple services lines, including transaction management, lease administration, project management, and workplace strategy. He and his team are responsible for integrating and aligning Avison Young’s real estate solutions with clients’ overall business objectives.

“Nick will provide strategic oversight to deliver real estate solutions that help realize key business outcomes; I’m confident Avison Young will deliver exceptional service across all operational areas under his leadership,” said Keith Knox, President, Global Occupier Services, Avison Young. “Nick brings a core skill set not easily matched, positioning him to lead a team navigating critical decisions and initiatives that align with broader organizational goals and financial objectives.”

Chung has worked within the CRE industry for 20 years, focusing on corporate real estate portfolio strategy, account management, transaction management, and project management across Asia Pacific and North America. His experience includes serving as the SVP of Integrated Portfolio Services at a major global CRE firm, as well as roles of increasing responsibility at a global real estate consultancy.

“I am keenly interested in promoting best practices in governance, change management, and client engagement – and I also look forward to leading and supporting a team of talented high-performers in a culture of collaboration and accountability,” said Chung. “One of the best parts I’m discovering about Avison Young, beyond the people, is the innovative spirit where we are encouraged to leverage emerging technologies and AI-driven solutions to enhance productivity and create value for clients.”

Chung holds the designation of MRICS from the Royal Institution of Chartered Surveyors and is a graduate of DePaul University's Kellstadt Business School MBA program, with a focus in Business Management, Corporate Finance, and Commercial Real Estate. He is also a graduate of Western University, with a Bachelor in Business Administration. 

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 2025 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 14 consecutive years. 

 

For more information:

Andrea Zviedris [email protected], Media Relations – Canada

 

Key distressed property services contacts

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