Typically limited-scope and duration assignments, DOME has managed distressed properties of all types and conditions for court appointed receivers and lenders throughout New York City. No matter the assignment, we provide around-the-clock experienced property management and detailed transparent financial reporting to ensure the asset is properly maintained while it goes through the legal process.
Historically, DOME has increased the value of the properties during receivership by keeping it filled with happy rent-paying tenants and completing deferred maintenance and unfinished construction. When properly funded, we can deliver the property in better shape at the end of the assignment!