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J.L. Krinsky & co., inc.
225 Gordons Corner Road
Suite 1B
Manalapan, New Jersey 07726
Phone: 732-972-4400
Fax: 732-972-1161
jkrinsky@jlkrinsky.com

Court Appointed Receiverships

J. L. Krinsky & Co., Inc. because of its many years of leadership and substantial credentials in property management and real estate consulting has been appointed by the Chancery Divisions of the Superior Courts of New Jersey as Receiver for a significant number of properties in the foreclosure process in Monmouth, Hudson and Ocean Counties.

Our directed goal is to preserve and protect the property.  We do this in various ways, including: taking control of (or supervising) revenue collection; ensuring all maintenance functions are performed; and making certain financial obligations are met in a timely manner (and needed repairs are made).

Acting on the direction of the Court and providing timely reports to the involved parties, J. L. Krinsky & Co., Inc.

 
  •  Manages & Operates Properties

  •  Collects and accounts for rents and other fees

  •  Enters into rentals or leases at the property on behalf of the plaintiff

  •  Maintains Insurance for the property

  •  Pay (or cause to have paid) common element obligations

  •  Directs necessary repairs (within court guidelines)

  •  Markets and sells the property

  •  Conducts forensic analyses of the owners' books and records; evaluates accounts payable and accounts receivable procedures; and reviews all bank account records of the borrower

 

Sample Projects

Luxury Adult Residential Condominium, Monmouth County     96 Units

Adult Residential Condominium, Monmouth County                 110 Units

                   Shopping Center, Ocean County                                             20,000 s.f.

Beach Front Condominium Project, Monmouth County            96 Units

Office/Warehouse Complex, Monmouth County                       44,000 s.f.

Residential/Retail Complex, Hudson County                             20,000 s.f.

Residential single and multifamily housing, Ocean County

Copyright 2013 J.L. Krinsky & co., inc. All Rights Reserved.