Bernard/Allison
has extensive experience working as a Receiver or working
for a Receiver as a manager of non-performing Apartment
Properties. We
have been appointed as Receiver on over 20 properties consisting
of more than 5,000 apartment units. We are usually
able to obtain Receiver bonds within 24-48 hours.
Accounting
is one of our strengths, with two CPA's, one Chartered Accountant
and a full accounting department consisting of 14 staff
members. We have prepared and submitted the full array
of reports to the courts for receiverships and bankruptcies.
In addition to accurate, thorough and timely accounting,
our firm can provide due diligence services, marketing plans
to increase on-site rentals, renovation/construction management
services and five year financial analysis plans. We
have improved occupancy, reduced operating expenses and
increased value for the benefit of all in each receivership
we have managed.
We
have managed over 75,000 apartments in the Phoenix Metro
area ranging in size from 100 units to over 1,200 units
and have been in business for over 25 years.
Monthly
fees are based on size, age and complexity of the property.
The management fees generally range between 3% and
5% of gross operating receipts with a minimum charge of
$2,500 per month. Please contact us for more information
about the services we provide. Our contact information
is:
Kimball
Bernard
2400
E. Arizona Biltmore Circle, Suite 1400
Phoenix,
AZ 85014
kbernard@bamsi.com
Tel:
(602) 840-8337 ext. 6652
Vicki
Allison
2400
E. Arizona Biltmore Circle, Suite 1400
Phoenix,
AZ 85014
vallison@bamsi.com
Tel:
(602) 840-8337 ext. 6653
Bernard/Allison
Management Services, Inc.
Former
Receiverships
Property
Name |
#
of Units |
Camelback
Greens |
148 |
Springwood |
160 |
Stonegate |
310 |
Vista
Sureno |
186 |
Sun
Valley Gardens |
224 |
Shadow
Bend |
108 |
Shadow
Creek |
266 |
Dobson
Village II |
352 |
Sun
Creek |
175 |
Casa
Anita |
224 |
Papago
Vista |
136 |
Del
Coronado |
419 |
Lincoln
Village |
115 |
Quail
Ridge |
253 |
Sandle
Ridge |
196 |
Rancho/Mirage
Verde |
856 |
Northridge |
376 |
Bethany
Village |
152 |
Casa
Espana/Casa Royale |
74 |
Saratoga |
286 |
Canyon
Palms |
143 |
La
Privada |
350 |
Morgan
Park |
428 |
Desert
Mirage |
250 |
