Track Record

Experience and completed receiverships.

ARG's record combines court-appointed receiverships, property management, assessment, disposition coordination, and market feasibility analysis.

Experience Ledger

Property Management.

Spring Lake Village

St. Petersburg, FL (2004) - Management of a 141-unit multifamily complex; oversaw on-site management via WRH Realty and provided monthly ownership reporting.

Bent Pines

St. Petersburg, FL (2004) - Management of a 71-unit multi-family complex with in-house property manager; oversaw operations wind-down, tenant evictions, and securing the premises.

Huber's Marina

St. Petersburg, FL (2004) - Day-to-day oversight of a 233-slip marina with in-house staff prior to redevelopment; monthly ownership reporting.

Maximo Marina

St. Petersburg, FL (2004) - Day-to-day oversight of a 615-slip marina with ancillary service and retail commercial uses prior to redevelopment.

Gasparilla Marine Fishery

Cape Haze, FL (2005-2009) - Management oversight of a mixed-use retail, restaurant, and marina facility with in-house staff.

Marion Street Property

Punta Gorda, FL (2006-2010) - Management oversight of a mixed-use retail, restaurant, and marina facility; negotiated Deed in Lieu of Foreclosure on behalf of owner.

Stay and Play

Venice, FL (2005-2006) - Management oversight of a 300-unit RV park leased to FEMA for temporary housing of residents displaced by Hurricane Charlie.

J&J Plaza

Venice, FL (2005-2010) - Management oversight of a retail facility with in-house staff; coordinated turnover to court-appointed receiver as part of foreclosure proceedings.

Bank of America Office Building

Venice, FL (2005-2010) - Office facility management; marketed vacant space and negotiated lease-option renewal with anchor tenant Bank of America, achieving rate increase and reduced TI allowance for the landlord.

Sundance Self Storage

Big Pine Key, FL (2006-2010) - Management oversight of a 100-unit self-storage facility; negotiated Deed in Lieu of Foreclosure.

J&J Homes, Inc., Land Division Portfolio

Sarasota / Charlotte County, FL - Managed a 10-property portfolio totaling 2,000 acres; directed all maintenance, insurance, tax, and security matters.

Experience

Property Assessment / Construction Management.

Rufflo Hooper and Associates

Tampa, FL - Prepared facility assessment report on a 20,000 SF office facility identified for acquisition; assembled and managed requisite consultants.

Danka Facility

St. Petersburg, FL - Assessed condition of a partially constructed 175,000 SF office building for purchase by Brighthouse Networks for regional headquarters.

Verizon Wireless Corporation

Tampa, FL - Delivered nine retail outlets across Verizon's Gulf Coast Region; services included as-built verification, conceptual estimating, budgeting, design coordination, permitting, contractor identification, bidding, procurement, payment-request review, change orders, vendor coordination, and compliance with owner objectives.

Experience

Marketing / Disposition Coordination.

Opus South Corporation

Tampa, FL - Coordinated disposition of eleven institutional-grade neighborhood shopping centers, nine office buildings (50,000-200,000 SF), and five warehouse facilities (125,000-250,000 SF) to institutional investors.

J&J Homes, Inc.

Venice, FL - Developed marketing collateral and sales program for an eleven-property portfolio valued at $250,000,000 in 2008.

Representative Transactions

Representative transaction history.

No. 01

HWY 52 M&M LLC

Role

Represented seller in sale of 68 fully permitted, shovel-ready single-family lots to Brightland Homes.

Transaction

$2,204,000 on December 15, 2024.

Location

Pasco County, Florida.

No. 02

EHOF III Acquisitions, LLC

Role

Represented buyer in purchase of 70.03 acres for residential development from Janet Larue and Cynthia Bailes.

Transaction

$8,000,000 on April 18, 2022.

Location

Pasco County, Florida.

No. 03

MG Palm Coast 2, LLC

Role

Represented seller in sale of 332 fully permitted, shovel-ready single-family lots to Starlight Homes.

Transaction

$9,960,000 on December 29, 2023.

Location

Flagler County, Florida.

No. 04

Norman Maddux Living

Role

Represented seller in sale of 104 fully permitted, shovel-ready single-family lots to Onyx and East.

Transaction

$2,800,000 on March 8, 2024.

Location

Manatee County, Florida.

No. 05

LGI Homes

Role

Represented buyer in purchase of 149 fully permitted, shovel-ready single-family lots from GNS Development Company.

Transaction

$3,728,000 on July 24, 2021.

Location

Hillsborough County, Florida.

No. 06

Stanley Martin Homes

Role

Represented buyer in purchase of 36 fully permitted acres comprising 180 shovel-ready single-family townhome lots from Academy at the Lakes Inc.

Transaction

$10,680,000 on January 9, 2026.

Location

Pasco County, Florida.

Experience

Market & Feasibility Analysis.

Market & Feasibility Analysis

  • Proposed residential projects
  • Proposed commercial projects
  • Proposed industrial projects
  • Proposed marina projects
Completed Receiverships

9 Completed Receiverships.

No. 01

Manatee Landing Marina

Property

Bradenton, FL. 10.49-acre operational marina with a 38,400 SF boat storage facility (276 berths), open-air restaurant/bar (108 table + 28 bar seats, leasehold improvements), adjacent Chickee Hut overflow bar (44 table + 32 bar seats), ship store / retail space, and marina offices.

Receiver Duties

Assessed operational and financial characteristics with monthly reporting, reviewed and approved vendor agreements and leases, prepared FF&E inventory.

Lender

Branch Banking and Trust (BB&T) / Garrison Financial Group (GFG); BB&T sold the note/mortgage to GFG, who negotiated a note sale during the receivership.

Services ->
No. 02

Lancellotti Property

Property

Sarasota, FL. 5,851 SF single-story retail/showroom on an 18,996 SF site, demised into three bays.

Receiver Duties

Acted as landlord during foreclosure, negotiated leases, collected rent, marketed vacant space, maintained common area, reported financial performance.

Lender

IberiaBank.

Services ->
No. 03

At The Curve Sports Bar

Property

Big Pine Key (Monroe County), FL. 1.14-acre property improved with a 2,450 SF sports bar/restaurant (125-seat capacity, 27 tables, concrete patio with palms and picnic seating, parking for approximately 40 cars).

Receiver Duties

Asset Manager duties post-foreclosure: managed, maintained, and accounted for all business operations; assessed and reported financial characteristics monthly.

Lender

First State Bank of the Florida Keys.

Services ->
No. 04

Looe Key Reef Resort & Dive Center

Property

Ramrod Key (Monroe County), FL. 1.67-acre operational tiki bar/restaurant and resort with 124-seat full-service tiki bar (5-COP liquor license), 24-room motel, and PADI-certified dive center with multiple lines of dive equipment, retail, and a 45-foot catamaran (Kokomo Cat II) running daily charters.

Receiver Duties

Re-branded establishment, created new menu, established events programming, partnered with OTAs and Key West Visitors Center, negotiated 60% wastewater assessment reduction with Monroe County (from $365,820 to $135,000). Combined revenues exceeded $2.2M annually; finalized BP Claim estimated at $250,000.

Lender

Florida Community Bank.

Services ->
No. 05

The Presidential Estate

Property

Tampa, FL.

Receiver Duties

Assessed estate operations, reviewed vendor agreements, administered accounts, prepared FF&E inventory, evicted occupants, procured realtor services. Receiver transitioned to Special Master and sold the property via foreclosure sale on the Federal Courthouse Steps.

Lender

IberiaBank.

Services ->
No. 06

Heart Institute of Venice

Property

Venice, FL.

Receiver Duties

Appointed to negotiate settlement of outstanding debt with Regions Bank for a loan procured to purchase medical equipment; successfully negotiated settlement. Subsequently appointed to manage the practice's affairs following a member deadlock; oversaw exit of one member and sale of that member's interest.

Lender

Regions Bank.

Services ->
No. 07

TIBAR, LLC

Property

Venice, FL. 4.2-acre site improved with a 19,467 SF multi-tenant medical office building tenanted by the Heart and Vascular Center of Venice (HVCV) and Sarasota Memorial Hospital's Imaging Center.

Receiver Duties

Acted as landlord during foreclosure, negotiated new leases, collected rent, marketed vacant space, maintained common area, executed the largest commercial eviction in Sarasota County (prime tenant), and reported financial performance. Receiver transitioned to Property Manager and facilitated the property's sale.

Lender

Northern Trust.

Services ->
No. 08

Palm Plaza

Property

Temple Terrace, FL. Two-story 10,543 SF office building with multiple tenants, plus a 1,800 SF secondary structure (vacant).

Receiver Duties

Acted as landlord during foreclosure, negotiated new leases, collected rent, marketed vacant space, maintained common areas (including replacement of the lift station), reported financial performance.

Lender

IberiaBank.

Services ->
No. 09

Blue Tarpon Hotels, LC - Days Inn Franchise

Property

Tarpon Springs, FL. 210-room hotel comprising three separate structures: a 54,864 SF three-story motel structure, a 27,408 SF three-story motel structure, and a 4,680 SF single-story lobby/guest reception structure.

Receiver Duties

Secured and maintained common areas, oversaw demolition of all existing structures and site permitting for redevelopment.

Lender

Capital Resources of Florida.

Services ->

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