Property Examples
Apartment/Motel
Shasta/Redding
Property: 59-unit Motel in Redding, Shasta County, CA
Background: Older motel in downtown Redding. After years of neglect and poor management, hundreds of code violations were identified by the city, leading to the receivership appointment. Management of the motel and its guests continued during the receivership until the receivership budget disallowed it. The scope of work required to bring the property into compliance well exceeded the limits of the receivership budget.
Resolution: The motel operation was shut down. The long-term occupants were allowed to remain at the motel until suitable relocation arrangements were secured. The motel was listed for sale to allow for a private party to rehabilitate and develop a new use for the property to aid with the limited supply of affordable housing in the area.