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Mayan Hotel Demolished

The Desert Review EL CENTRO — The Mayan Hotel at press time is currently being knocked down by a demolishing crew Monday morning, July 19. The historic hotel on 595 W. State Street in El Centro was gutted by fire in February 2021. Demolition started at 9:30 a.m. “The...

Benefits of Receivership to Commercial Lenders

By Neil Sheaffer When considering foreclosure, a commercial lender may not always think or know about the option of appointing a receiver, but a receivership can be a powerful tool to help enforce a mortgage or deed of trust. Receivers help ensure that payments are...

Excluded from Bankruptcy, Cannabis Industry Looks to Receivership

By Neil Sheaffer California has established itself as the world’s largest marijuana industry, with an estimated $3 billion in legal sales in 2019. Despite the large, robust legal market in California, the complex regulations, high state and local taxes, and...