NAI Isaac Commercial Properties Appointed Receiver of 2 Shopping Centers in Kentucky
NAI Isaac will provide management services and stabilize the properties operations. “We look forward to improving the operations of these properties and preserving the asset value”, states Paul Ray Smith, Jr. The appointment was awarded based on NAI Isaac’s ability to rapidly assume management responsibilities and implement its Strategic Asset Optimization Process. In recent years, NAI Isaac has been entrusted as a court-appointed receiver on various troubled projects involving assets with a total loan value in excess of $100,000,000.