Receivership

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CMI Real Estate has been an appointed receiver for various mortgages services and lenders.  Our clients can depend on all the necessary acts for a proper and lawful receivership will be followed. Our client list has included:


Bankers Trust              Trent Rosenthal          Prudential Insurance   Texas Commerce Bank

Zion                             Washington Mutual    Bank One


Our duties would include:

 

  1. Take possession of the property
  2. Take control of any bank accounts
  3. Take and maintain possession of all documents, accounting and other records
  4. Collect rents
  5. Pay all expenses associated with the operation of the property
  6. Create and adhere to all budget guidelines
  7. Present lenders and court officials with all operating statements by the 15th of the month

CENTRAL MANAGEMENT, INC

 Central Management, Inc. (CMI) was founded by Houston real estate professional Vic Vacek in 1978. With over 41 years of dedicated Texas experience, the CMI team thoroughly understands the intricacies of the Houston real estate market in a way that few others do. This familiarity offers real estate investors an edge both from a leasing and an asset management perspective. 

HOUSTON OFFICE

 820 Gessner, Suite 1525
Houston, Texas 77024 USA
Phone: (713) 961-9777
Fax: (713) 961-5730
E-Mail: cmi@cmirealestate.com 

DALLAS OFFICE

 9319 LBJ Freeway, Suite 204
Dallas, Texas 75243 USA
Phone: (214) 575-8848
Fax: (214) 575-7533
E-Mail:cmi-dal@cmirealestate.com