Over the past three years, Ford Price & Jim Parrack, have served as receivers for just over 30 properties throughout Oklahoma.
Price Edwards has been able to provide a full-range of services to these properties including ongoing management, construction services, investment marketing and sales as well as consulting and property turn-around services. Distressed properties require an increased dedication of time, expertise, and resources which only a large full-service firm like Price Edwards can provide.
The firm’s local contacts with counsel, Judges, and municipal leaders further enhances Price Edward’s ability to navigate through the legal and public difficulties surrounding these types of properties.
Priced Edwards has been able to implement turn-around plans that have yielded significant operating and physical improvements. And, company brokers have been able to maximize value on sale, often getting the lender whole in the process.
