Well-tenanted and in a relatively healthy retail submarket of Columbus, Ohio, this center held great potential for the lender to maximize their recovery. Neyer was brought into stabilize operations and catch up on some deferred items that were starting to erode satisfaction. By quickly delivering on our commitments and meeting with the tenants extensively, we were able to retain their confidence through a sales process that was consistent with the lender's desires.
Neyer has been retained by the new owner as well.