Certus engaged as Court-Appointed Receiver of Roseville, MN Senior Housing Community
Certus Financial, LLC, has been appointed by the District Court in Ramsey County, Minnesota as receiver of The Preserve of Roseville senior housing community effective January 2, 2024. The Preserve of Roseville is a newly built 103-unit Independent Living, Assisted Living and Memory Care Community.
As court-appointed receiver, Certus will seek to stabilize operations and improve performance of the facility while identifying path(s) towards highest and best resolution for the creditor group.
Certus appointed Financial Advisor to EB-5 program Lender on single-family planned development in Fairfield, Texas.
Certus Financial, LLC, has been appointed as Financial Advisor to the Lender on a to-be-developed, 2600-acre single family housing community including significant common area amenities such as private lake, golf course, and clubhouses.
As an advisor, Certus aims to assess potential paths forward for the stalled development.