Hilco Real Estate Expands Its Receivership Team
Hilco Real Estate (HRE) is thrilled to welcome two accomplished professionals, April Priebe and Brittany Herringshaw, to its Receivership and Fiduciary Services team. With a combined experience of over 35 years in multifamily and student housing operations, they are set to enhance HRE's capabilities in managing complex and distressed real estate assets. This strategic move comes at a time when the demand for specialized real estate solutions is on the rise nationwide.
Strengthening Expertise in Distressed Asset Management
Both Priebe and Herringshaw bring a wealth of knowledge to Hilco Real Estate. As HRE begins Q2 2025 with over 110 active assignments, including 7.6 million square feet of office space and beyond 6,300 multifamily units, their expertise comes at a crucial time. The firm's dedication to delivering customized strategies will be bolstered through their insights, aimed at stabilizing and repositioning underperforming assets.
April Priebe's Impactful Career
April Priebe offers a rich background of more than twenty years in the real estate sector, having significantly contributed to receivership, asset resolution, brokerage, and management. Her extensive involvement has seen her play a key role in turning around over 250 properties across numerous states. Notably, Priebe's efforts have included enhancing student housing backgrounds and overseeing substantial capital improvements, amounting to $45 million.
Brittany Herringshaw's Innovative Approach
Brittany Herringshaw, with almost 15 years of real estate experience, has made her mark primarily in multifamily and student housing sectors. Known for her strategic approach to managing distressed assets, Herringshaw has led successful transitions and transactions across multiple markets. She has been responsible for over $35 million in capital expenditures and managed extensive teams overseeing portfolios of more than 10,000 units.
Commitment to Delivering Value
Matthew Mason, the senior vice president and leader of Hilco Real Estate's receivership practice, stated, "Brittany and April's impressive track records in multifamily and student housing align perfectly with our mission to deliver exceptional value to our clients through specialized knowledge and a proactive approach." This commitment emphasizes Hilco's focus on driving results and enhancing its portfolio management capabilities.
A Bright Future for Hilco Real Estate
Hilco Real Estate's proactive expansion demonstrates its readiness to tackle the unique challenges present in today's real estate market. The firm's strategic approach—underpinned by their newly expanded team's capabilities—positions HRE to not only address current market fluctuations but also maximize opportunities in receivership and fiduciary services.
About Hilco Real Estate
Hilco Real Estate (HRE), part of the globally recognized Hilco Global company, serves as a leading national provider of strategic real estate repositioning and disposition services. With a focus on maximizing value from properties, HRE employs diverse sales strategies, extensive buyer networks, and tailored consultancy to navigate the complexities of the real estate landscape. The dedicated team at HRE operates as consultants and advisors across North America, supporting both thriving businesses and those undergoing transitions in their real estate ventures.
Frequently Asked Questions
What is the focus of Hilco Real Estate's expansion?
Hilco Real Estate is expanding its Receivership and Fiduciary Services team to enhance its capabilities in managing complex and distressed assets.
Who are the new additions to Hilco Real Estate?
The new additions are April Priebe and Brittany Herringshaw, both seasoned professionals in multifamily and student housing management.
How does Hilco Real Estate plan to support distressed assets?
HRE aims to stabilize and reposition distressed assets through tailored strategies and insights from its experienced team members.
What are some achievements of the new team members?
April Priebe and Brittany Herringshaw have managed significant capital improvements and successfully transitioned numerous distressed properties across the country.
What services does Hilco Real Estate provide?
Hilco Real Estate specializes in real estate repositioning, disposition services, asset management, and receivership, focusing on delivering maximum value for clients.
