Mr. Hays served as the Receiver for this condominium conversion project in Orlando, Florida.
The firm served as Real Estate Manager and marketed 150 condominiums while renting unsold units as apartments to generate cash flow. The firm sold more than $20MM in condos. In addition, the firm’s professionals served as Directors of the Homeowners Association.
The Receivership was closed and the Receiver was discharged on April 1, 2010.