Charles Dunn homepage
 
 CDC Navigator  CDC Navigator CDC Mail Contact the Charles Dunn Company

Jerry Wang
Executive Vice President
Receiver, RPA®, FMA®, CPM®, CCIM®, CSM®

800 West Sixth Street,Sixth Floor
Los Angeles, CA 90017
Tel: 213.683.0500
Fax: 213.534.3298
vCard: Jerry Wang
www.charlesdunn.com

Back to Profiles List

I am a court-appointed Income Property Receiver for the California Superior Courts of Alameda County, Contra Costa County, Los Angeles County, Marin County, Orange County, Riverside County, San Bernardino County, San Diego County, Santa Clara County and Ventura County. I have a strong financial background and have diversified experience in asset management, property management and brokerage. I am an energetic, result-oriented professional with excellent communication, problem solving, budgetary and client service skills. My experience includes over four years of work with major lending institutions and REOs. Being a highly self-motivated manager with strong work ethics, I have assisted all types of institutions including community banks. In addition, I am a court-appointed referee with the ability to sell real estate in dispute cases. Setting myself apart from others, I offer a one-stop service. Our property management services include the timely preparation of financials, statements and reports including monthly varaiance. I provide detailed inspections with pictures.

  • As a court-appointed receiver, handled over 70 California Superior Court receiver cases since 1993, for courts in Alameda County, Contra Costa County, Los Angeles County, Marin County, Orange County, Riverside County, San Bernardino County, San Diego County, Santa Clara County and Ventura County, working with community banks, savings and loan institutions, out-of-state banks, and other major institutional lenders in overseeing the daily management activities, communication with the court as needed, provide financial statement to all parties, and prepare final accounting and court order to release funds to the appropriate parties. Successfully turned over property financials and the debtor’s default.
  • As a court-appointed receiver, handled cases for the construction of partiallycompleted condo projects and finished construction. Checked all construction permits, updated subdivision requirements, and made the selection for architects, contractors, and engineers. Provided budget to the court to apply for a receiver certificate in order to complete projects.
  • As a court-appointed receiver, worked closely with property managers in the day-today activities in the management of the properties and provided reports to the court as necessary.
  • Properties handled include medical office buildings, mixed-use office buildings, regional and community shopping centers, warehouses, apartment buildings, senior apartment buildings, and sale of residential homes.
  • As a court-appointed referee, successfully sold real estate properties due to disputes among the partners.
  • Successfully handled loan workouts for private individuals and negotiated terms with the lenders/banks.
  • Handled cases on behalf of major institutional lenders and community banks.
  • Services include court-appointed receiver or referee, problem loan works out, property inspection, lease review, commercial brokerage, property management, and asset management.

My receiver fee is $250.00 per hour. Fees associated with services requiring an income profit receiver, equity receiver (acting as a general partner in a partnership dispute) is on a case-by-case basis and will range from $300.00-$400.00 per hour. In some instances, the receiver fee and the property management fee can be combined as a single flat fee charged on a monthly basis. Receiverships have included institutional investors, insurance companies, pension funds advisors, developers, banks, savings and loans, private individuals, individual debtors, and individuals involved in family disputes. Receivership cases handled for the following:

  • Aegon USA Realty Advisors, Inc.
  • American International Bank
  • Bank of America
  • Cathay Bank
  • Citic Ka Wah Bank Limited
  • Development Bank of Singapore
  • East West Bank
  • Far East National Bank
  • First Commercial Bank
  • General Bank
  • Home Savings of America
  • Hua Nan Commercial Bank, Ltd.
  • JHL Investment, Inc.
  • Land Bank of Taiwan
  • Ocwen Savings & Loan
  • Preferred Bank
  • Standard Savings Bank
  • United Overseas Bank
  • United National Bank

CERTIFICATIONS

  • Certified Commercial Investment Manager (“CCIM”)
  • Real Property Administrator (“RPA”)
  • Facility Management Administrator (“FMA”)
  • Certified Shopping Center Manager (“CSM”)
  • Certified Property Manager (“CPM”)
  • Real Estate Broker License - California State
  • Training in Receivership Administration and Procedures and the Law
  • Numerous Financial and Real Estate Classes
 
Homepage © 2010 Charles Dunn Company Top of the page