#USA #Hilco Real Estate #Northbrook, Illinois #Student Housing #Receivership

Hilco Real Estate Expands Its Receivership Services Team

Hilco Real Estate (HRE), a leading provider of real estate solutions for complex and distressed assets, has recently made significant strides by adding two experienced asset managers to their Receivership and Fiduciary Services team. April Priebe and Brittany Herringshaw bring a wealth of knowledge, combining over 35 years of expertise in multifamily and student housing operations along with distressed asset management.

As the firm enters the second quarter of 2025, HRE manages an impressive portfolio of more than 110 assignments, incorporating 7.6 million square feet of office space and over 6,300 multifamily units across the country. This expansion signifies the firm’s commitment to meeting the increasing demand for specialized real estate services, particularly in stabilizing and repositioning assets that face challenges.

Background of the New Leaders

April Priebe has cultivated more than two decades in the real estate industry, making her mark particularly in roles involving receivership, asset resolution, and third-party management. Over her career, she has been instrumental in improving the conditions of more than 250 properties across 30 states, showcasing her ability to handle various challenges in the real estate spectrum. Her previous executive roles at Foresite Realty further emphasize her capability in managing extensive improvements and effectively bringing student housing and affordable properties to a market-ready status.

Meanwhile, Brittany Herringshaw adds nearly 15 years of multifamily and student housing experience to the team. Covering over 35 states, her strategic acumen in the realm of distressed assets has been crucial in directing successful property transitions and overseeing REO transactions across diverse markets. Managing a substantial number of units, her portfolio adds significant value through her coordination of large-scale teams and substantial capital expenditures exceeding $35 million.

Both Priebe and Herringshaw's rich backgrounds align closely with HRE’s aspirations. As Matthew Mason, Senior Vice President and leader of the Receivership practice at Hilco Real Estate noted, their successful records in the multifamily and student housing sectors will undeniably enhance the firm's capacity to produce successful outcomes across their expanding portfolio of receivership assignments.

Hilco Real Estate's Mission and Future Goals

HRE stands at the forefront of real estate recovery strategies, empowering clients to derive maximum value from their assets. The addition of seasoned professionals to the receivership team is part of a broader strategy to implement tailored and hands-on approaches, ultimately stabilizing real estate investments that require repositioning.

For more information about Hilco Real Estate’s dedicated services in receivership and fiduciary management, you can visit their website at Hilco Global.

With an ever-evolving real estate landscape and growing demand for experts in distressed assets, Hilco Real Estate is poised to navigate complexities, emerging stronger with a focus on delivering value-driven solutions to its clients.