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Services

Distressed Asset Services ​

Solutions for the challenges of real estate uncertainty

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We’re Ready for Today’s Challenges

Our Distressed Asset Solutions team provides a full spectrum of real estate services to ensure maximum, measurable outcomes for underperforming real estate assets.

Through our world-class experience and local market knowledge, we evaluate each situation and identify the best tools and execution strategies to achieve the greatest results for our clients—from owners to tenants, banks to fund sponsors, financial institutions to special servicers.

Services for Investors, Lenders, Loan Servicers, Receivers and Bankruptcy Professionals 
On behalf of owners, debt holders and receivers, we put a comprehensive suite of services and expertise to work for each scenario. We use our relationships with capital sources, our fluency in legal policy, and our focus on understanding the nuances of each property to mitigate further asset deterioration, maximize the asset’s economic and physical health, and chart a quick path to the best resolution.

Service for Tenants
Our tenant advisors use their deep market knowledge and understanding of leases, property owners and properties to advise occupiers on their rights and obligations with respect to distressed properties, mitigating risk to each organization’s operations and ensuring the best occupancy strategies with relative to total costs, flexibility, recruiting and retention and more. 

 

Results by Service
all data represent three-year averages for the Americas region as of year-end 2023

Property Management

  • 1.24 billion square feet under management 
  • 8,400 properties
     

Valuation & Advisory

  • 37,000 properties evaluated
  • $1 trillion in asset value
     

Project Management

  • 12,700 projects managed
  • $19.6b in project value 
  • 1,400 professionals 

 Agency Leasing 

  • 17,000 transactions 
  • 221 million square feet 
  • $26.9b in transaction value 

 Capital Markets

  • 5,600 transactions
  • 439 million square feet  
  • $92b in transaction value
 

Experience Across the Asset Lifecycle

Michael Nevins New Jersey
Mike Nevins

National Lead - Distressed Asset Solutions Senior Managing Director
East Rutherford, United States


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Erin Carney Managing Director
Erin Carney

Managing Director, Client Services Multifamily Asset Services
McLean, United States


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Blake Okland
Blake Okland

President, Multifamily Capital Markets


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Paula-Thoreen-Executive Managing Director
Paula Thoreen

Executive Managing Director
Houston, United States


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Barrie-Scardina-Northeast Regional President
Barrie Scardina

President of Americas Retail Services
New York, United States


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Brian Ungles St. Louis Project & Development Services
Brian Ungles

President, Project & Development Services


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  • Broker opinion of value 
  • Hold versus sell analysis and alternatives/recommendations
  • Tax consulting and agency
  • Litigation support 
  • Debt valuation and fairness opinions 
  • Appraisals and market studies 
  • Asset evaluation & cash flow  modeling 
  • Regulatory compliance 
  • Lease and rollover analysis
     
  • Loan sizings/screenings 
  • Purchase price allocations 
  • Note sale 
  • Asset disposition 
  • Securitization support  
     
  • Immediate stabilization 
  • Due diligence 
  • Long-term asset management strategy
  • Leasing program 
  • Property management program   
     

 

Related Services

Loan Sales and Loan Portfolio Sales
Our industry leading experts deliver sales and advisory solutions to drive value.
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Investment Sales
Our investment experts deliver industry-leading capital deployment strategies to solve the most complex real estate challenges.
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Debt & Equity Financing Solutions
Our financial services platform provides unsurpassed advisory and integrated capital markets solutions.
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Asset Services
Managing office, retail or industrial property to reduce costs, mitigate risk, and enhance value—while providing superior tenant service.
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Valuation & Advisory
Cushman & Wakefield’s Valuation & Advisory (V&A) practice is comprised of 500+ professionals across the Americas who provide clients with accurate, reliable valuations that guide intelligent debt and equity decisions in real-time.
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Agency Leasing
Cushman & Wakefield’s Agency Leasing experts ensure that your assets yield high value and attract long-term tenants.
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Ready to Talk?

Contact us today. We look forward to connecting.

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