What Is a Court-Appointed Receiver? A Guide for Property Owners, Lenders, and Legal Professionals

A court-appointed receiver is a neutral third party—typically a real estate or financial professional—designated by a judge to manage a property or business that is in financial or legal distress. The receiver preserves the asset’s value, stabilizes operations, and ensures transparency during ongoing litigation or foreclosure proceedings.

When Is a Receiver Appointed?

Receivers are commonly appointed in legal cases involving foreclosure, bankruptcy, commercial disputes, or mismanagement. When ownership is in conflict or when a lender seeks to protect collateral, courts appoint receivers to take charge of the property and act as fiduciaries for all stakeholders.

The Receiver’s Responsibilities

A court-appointed receiver’s duties may vary by case, but typically include:

Taking custody and control of the asset
Managing lease agreements and collecting rents
Overseeing repairs, maintenance, and day-to-day operations
Negotiating with tenants and vendors
Reporting regularly to the court and involved parties

Receivership Services by Berger Commercial Realty

At Berger Commercial Realty, we’ve built a legacy of trust in the court-appointed receivership space. Lloyd Berger, SIOR, our founder, has personally served as receiver for more than 150 properties across South Florida, including office buildings, industrial assets, multifamily complexes, and mixed-use projects. Our dedicated receivership division, Berger Special Assets (a subsidiary of Berger Commercial Realty / CORFAC International), has successfully handled over 200 court appointments since its launch in 2008. From managing bankruptcy trusteeships to facilitating deeds in lieu, we’ve helped lenders, courts, and trustees recover and reposition distressed assets efficiently. With a 45+ person team and a full-service commercial real estate platform, we act quickly to secure assets, deliver professional management, and—when appropriate—position properties for lease or sale.

Why Choose Berger for Receivership?

Proven Track Record: 200+ successful court appointments and turnarounds
Full-Service Capability: Property management, leasing, repositioning, and sales
Legal Acumen: In-depth knowledge of foreclosure law, court orders, and fiduciary responsibilities
Rapid Deployment: We stabilize distressed properties fast to protect value

Need a Court-Appointed Receiver?

Berger Commercial Realty and Berger Special Assets are trusted by judges, lenders, and legal professionals throughout Florida. If you need receivership services, expert guidance, or asset stabilization, contact us today. Knowing what a court-appointed receiver does is only half the battle—choosing the right one can determine the outcome.