& SO MUCH MORE
REGAINING CONTROL OF YOUR ASSET
When a property goes into receivership, a special skill set is required to get it back up and running smoothly. With over 60 years of combined experience, Steve, Andrew and Nimfa know the property management industry. Our team understands the importance of quickly reducing operating costs, preparing rent-ready units, marketing the property and bringing in tenants. They have outstanding reputations with the individuals in the industry, from apartment managers on the “front lines” to owners and financial institutions funding the properties.
STEVEN J. MARTENS
CPM, CCIM, SIOR
President & CEO
40+ Years of Experience
Steve, trained as a certified valuation expert, possesses the skill set necessary to adopt a comprehensive perspective when evaluating the optimal short-term action plan for preserving assets. Subsequently, he strategically positions assets to formulate the most advantageous exit strategy possible.
Whether it be a single location or a portfolio spanning multiple locations, Steve has demonstrated a proven ability to rapidly assemble a team capable of assuming control over distressed assets, Steve diligently works to comprehend the lender's position and priorities, facilitating the navigation of the process through receivership. By adhering to a structured program that emphasizes process and accountability, he ensures that the affected parties are informed about impending actions and supports the actions that have been implemented.
As a seasoned veteran in the field, Steve has guided real estate and business operations through various market conditions and extremes. As the President of The Martens Companies since 1983 and being a two-term member of the NAI Global Leadership Council, Steve consistently exhibits a commitment to leadership excellence. Steve has also been recognized as the Hospitality Developer of the Year by Best Western Hotels and Resorts, invited to join the prestigious Society of Industrial and Office Realtors (SIOR), and honored with the CCIM Lifetime Achievement Award by the Kansas Chapter of CCIM.
“Steve’s team was tasked with assembling a takeover strategy to secure and manage 2,500 apartment units at six different locations in Wichita. The property records, including rent rolls, leases, and vendor records were not made available to Steve’s team. Within 72 hours of notification, the Receivership Services Team had people at each location to meet with the apartment employees and interact with tenants. Steve’s team effectively had control of the six locations within 48 hours of receiving the assignment.”
Mike Deeba, CPA
Our company has a long history of working with troubled properties. The portfolio below illustrates the wide variety of property types with which we work.
We will get your property back up and running.
Submit the form to contact Andrew Braun, COO.
435 S. Broadway
Wichita, KS 67202
Main (316) 262-0000
Fax (316) 262-0235
© 2018 Receivership Services