Receivership

A Position of Trust

We Protect Assets

A Receiver is a temporarily-appointed, disinterested 3rd party “fiduciary” who helps a business or person preserve assets and property while litigation is ongoing. A Receiver is the agent of the court and is appointed by the judge (usually at the request of one of the parties.) The Receiver’s responsibility is to ensure that property is protected or the business operates without interference or influence from the lawsuit parties. The Receiver reports directly to the judge handling the case and enforces the judge’s orders in the case

We Roll Up Our Sleeves

Our careers started in design build construction before moving into the world of finance. We know how to find value where others cannot. We have the relationships with lenders, city and county officials, specialists, and contractors.

Shōkunin can tackle non-performing financial obligations through Rents & Profits Receivership assignments and restore deteriorating property assets through the Health & Safety Code and the California Code of Civil Procedure § 564 receivership.

Assignments can include “packrat” and hoarder properties, disabled owners/occupants unable to comply with abatement orders, police and fire referrals, forced tenant and/or owner relocation, illegal construction or occupation, multi-unit/apartment complex cases, fire damaged properties, slumlord/deceased owner and/or trust owned properties, bank owned/abandoned properties and many more.

Business Card

Service Capacity

We can:

Right-size the capital stack / project funding
Coordinate clean-up, restoration, and project completion
Hire and oversee all court approved vendors including architects and general contractors
Maintain high communication with the courts, city/county building and safety officialsFacilitate the sale or auction of the property, when required.

Our shortlist of “go-to” vendor relationships include

Accounting / Operations – General, Reserve Studies, Tax, Insurance
General Contractors / Project Managers / Building Inspectors
Cleaning and Maintenance – Basic janitorial to major clean-up
Construction Management – Project completion, Tenant Improvements, Repairs, and Temporary Site Services
Property Management – General and Major Repairs – Asbestos, Appliance, Asphalt, Cabinetry, Carpentry, Carpet & Tile, Countertops, Concrete, Electrical, Elevator, Exercise Equipment, Fire/Life Safety, Floors, Garbage Chute/Disposal, Generators, Glass/Mirror, HVAC, Kitchen/Bath, Landscaping, Laundry Equipment, Leak Detection, Paint, Pest Control, Plumbing, Pump Repair, Roofing, Seal Coating, Septic Tank, Sewer, Signage, Telephone/Cable/Internet, Temporary Staff, Towing, Welding, Windows/Doors
Security – Fence/Wrought Iron, Automatic Gates, Locksmiths, CCTV, Private Security Guard
Fire and Life Safety – Fire Alarm, Sprinkler, Standpipe, Extinguisher

Recent Feedback

We bought a company in distress that had lost all credit options with its vendors. While we began to rebuild the company, Marcelo found capital to ensure we had enough cash flow to get to the next level instead of having to pre-pay for inventory and supplies as our client base and orders grew. He has also laid out a capital access plan for us as we hit certain revenue and income milestones to ensure we are successful with our investment.

Private Equity Investor, Miami, FL

My small construction development had run into trouble after a dispute with the general contractor. With foreclosure looming, Marcelo was able to synthesize everything to get the project past the finish line. His high level of communication and professionalism with the lender has bought us some time while we press forward and find a solution to finish the project.

Real Estate Developer, San Gabriel, CA

As an experienced real estate developer, I knew that the retail development I wanted to build was out of favor because of the pandemic. Marcelo ushered in several capital sources to get this project off the ground and we are well on our way to delivering a much-needed product in a community that needs the investment.

Real Estate Developer, Montebello, CA

My credit score and income had taken a beating after a messy divorce. After meeting with Marcelo, he helped me find the courage to move forward on a real estate development project on one of my properties that I had put on hold for years. He found capital that paid attention to the story on the development and not my personal details.

Real Estate Investor, Los Angeles, CA

The team at Shōkunin helped us structure a leveraged buyout of a competitor who was much larger than us. Marcelo put together unique forms of capital to get us the most leverage possible. We were able to close in the middle of the COVID-19 pandemic successfully even after everyone else hit the pause button.

Digital Advertising CEO, Dallas, TX

As the owner of several restaurant brands, Marcelo always made sure to keep us organized as we sought capital for growth, including the unplanned acquisition of a restaurant location that has proven to be one of our most profitable locations. He is my first call for all things related to capital.

Restaurant Management Group, Hollywood, CA

Receivership - Shokunin