Since 1988, George Michael of Chicago Northwest Realty has served as a court appointed receiver on hundreds of commercial and residential properties including single-family homes, low-rise and high-rise apartment buildings, condominiums, shopping centers, industrial properties, special-use properties and new-construction developments. He is a trusted fiduciary and advisor to the courts and to numerous financial institutions including Chase Bank, North Community Bank, Edens Bank, NorStates Bank and M&I Bank.
As a licensed broker and MAI-certified appraiser, Michael is uniquely qualified to perform the financial forensics associated with properties in receivership. His extensive property management experience also qualifies him to oversee the day-to-day operations for virtually any type of real estate.
Michael has full bonding and can source a variety of professional services through a team of in-house experts, including legal, title services, and accounting. Michael's exceptional track record for serving the courts, preserving the value of distressed real estate and protecting the integrity of lenders and borrowers makes him a highly sought after receiver.
CHICAGO NORTHWEST REALTY HAS THE ABILITY TO QUICKLY CURE ANY NUMBER OF ISSUES PLAGUING DISTRESSED REAL ESTATE PRIOR TO TURNING A PROPERTY OVER OR CONVERTING IT BACK TO A PERFORMING ASSET
➔ Re-keying
➔ Board-ups
➔ Trash-outs
➔ General contracting and construction services
➔ Plumbing and electrical services
➔ Insurance verification
➔ Building code compliance
➔ Eviction assistance
➔ 24-hour emergency service
WITH MORE THAN 4,600 HOUSING UNITS, AND HUNDREDS OF THOUSANDS OF SQUARE FEET OF COMMERCIAL SPACE UNDER MANAGEMENT, CHICAGO NORTH WEST IS ONE OF CHICAGO'S MOST RELIABLE PROPERTY MANAGERS.
➔Residential and commercial
➔ Rent collection
➔ Assessment collection
➔Leasing
➔ Property maintenance
➔ Hiring and supervision of staff
➔ Review and execution of vendor contracts
➔ Condo association/HOA management
➔ Resident/tenant communications
➔ Budget development and operating statements
➔ Accounting services
➔ Monthly reporting
Our Certified Contractors are licensed to work anywhere within the state. They’ve passed all state exams and have adhered to the fingerprinting requirements. Chicago Northwest Realty is bonded, insured, and have shown they are financially responsible.
