Unlock the Potential of Your Real Estate Assets
Since 2008, Resolute has established itself as the premier authority in rents and profits receivership, successfully managing over 300+ real estate cases and $7 billion in distressed assets across 36 states.
With a proven track record in navigating both straightforward and complex engagements, we guarantee top-tier real estate solutions, wherever you are.
Comprehensive Management
Our expert team provides strategic solutions to drive income, control expenses, and enhance property value. We handle every aspect of asset management with precision and professionalism.
Secure Handling
We understand the critical importance of confidentiality. Our processes ensure that sensitive information is managed discreetly to protect your business's reputation and financial stability.
Proven Track Record
With over 300 successfully managed cases and $7 billion in assets, Resolute has the experience and expertise to turn distressed properties into profitable investments.
Meet the Resolute Real Estate Team
Jeremiah Foster
President and Founder
Since founding Resolute in 2008, Jeremiah (Jerry) has transformed the firm into a premier authority in rents and profits receivership. With extensive experience in commercial real estate, manufacturing, and loan workouts, he has built and sold multimillion-dollar companies and held executive roles such as Chief Revenue Officer and interim CEO. Jerry has personally facilitated the sale of over $600M in real estate assets. His market-tested knowledge and leadership are the foundation of our team's success, providing critical solutions for complex CRE and business transactions.
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Patrick Giblin
Managing Director
Patrick brings over a decade of experience in asset management, capital markets, FP&A, and investment at leading real estate companies in Washington, D.C., and Phoenix. He specializes in portfolio-level underwriting, strategy, and risk assessment, as well as asset-level initiatives like capital expenditures and budgeting. Patrick has overseen multifamily portfolios of 3,000+ units, commercial portfolios up to 12 million square feet, and has closed over $2.75 billion in real estate financing.
Collin Hannan
Director of Real Estate
Collin is a seasoned business development and client services specialist with a results-driven, relationship-based approach. He has succeeded in roles spanning sales, business development, finance, and portfolio management. As a licensed commercial agent with a vast network in the Arizona CRE community, Collin provides Resolute with predictive market insights that larger firms may miss, keeping the team well-informed on both local and national trends.
Discover the Latest Trends and Expert Analysis
Case Highlights
Offices at Pinnacle Peak: Revitalizing a Stalled Office Development
Appointed as Receiver for a 220,000 sqft office condo development in Scottsdale, Arizona, our team tackled the challenges of a project abandoned at 30% completion due to financial default. We successfully reengaged contractors and managed new budgets and timelines with lender's capital, leading to the completion of the development and a successful sale that not only recovered the defaulted loan but also generated additional capital.
Veranda at Ventana: Expert Management of a Class A Condo Conversion
Our team expertly managed a Class A condo conversion development as the appointed Receiver. The project involved 113 rentable one and two-bedroom units distributed across 42 garden-style buildings, alongside 295 units previously sold. We skillfully navigated the complexities of mixed ownership and tenancy, enhancing the property's value and stability for future transactions.
Lake Pleasant Heights
Appointed Receiver for 792 acres of a larger 3,200-acre master planned community. Underlying debt obligation was a complicated loan structure: loan was originally made to a hard money lender, who then defaulted to a failed bank, that was then sold to another acquiring bank, and finally the ultimate borrower of the hard money lender was in default on payment. Resolute was asked to steward the property through an ongoing entitlement process with neighboring landowner to protect the property’s interests & preserve all rights and value.
Anthem College/High Tech Institute
Appointed Receiver for a national for profit vocational technical college with 30 campus nationwide. FF&E required vetting ofpotential buyers to determine their lack of connection to the educational system andpotential implications posed within. The entity housed prescription drugs for their medical classes. We worked closely with the AZ Department of Higher Education, DEA, and Arizona Board of Pharmacology to maintain compliance in disposing of the drugs.
Ocean Trails Golf Course
Oversaw the reconstruction and repair of an 18-hole golf course and 75 custom home sites in Rancho Palos Verdes, California, following a major landslide. Managed comprehensive financial reviews, prepared budgets for construction and operations, and conducted forensic accounting. Supervised design, engineering, contract negotiations, project management, and scheduling for repairs and improvements. Collaborated with local, state, and federal agencies to ensure compliance with development permits. The property was successfully renovated, repaired, and sold.
St. Albert and St. Walter Care Homes
Resolute acted as the receiver for two elderly assisted living facilities after the owner relocated overseas without informing the lenders, abandoning the business and properties. We supported the overwhelmed Group Home Manager by ensuring operational licenses remained valid, overseeing rent payments from new operators, managing maintenance, and maintaining care standards for residents. Our real estate team successfully negotiated all-cash, quick-close transactions for both properties, handling the escrows simultaneously and closing within 21 days, fully paying off the lender.
