Distressed properties commercial real estate services
Avison Young’s distressed property team has the extensive technical knowledge and expertise to manage, value, lease, market and sell your distressed properties to minimize risk, and maximize proceeds.
From receivership to management, leasing and disposition, corporate and asset strategy to implementation we cover a full-range of services. Our expert appraisers and knowledgeable brokers provide detailed appraisal studies and concise Broker Opinions of Value reports and Broker Pricing Opinions.
Connect with my local distressed properties advisor
Our key service lines to aid in distressed asset situations:
- Valuation and Advisory Services
- Business Consulting & Advisory Services
- Real Estate Management Services
- Project Management Services
- Real Estate Consulting & Advisory Services
- Leasing Strategy & Agency Services
- Property Tax Appeal
- Capital Markets, Debt Services, & Investment Sales
Experts in all asset classes, specializing in:
- Asset and portfolio strategy
- Accredited appraisal & valuation services
- Receivership and judicial/court-ordered sale listing services
- Listing proposals and broker opinions of value
- Licensed property management services to assist receivers
- Advisory services for insolvency, workouts and restructuring (businesses, assets/real estate and debt)
- Expert witness testimony and litigation support in court or arbitration
- Corporate real estate strategy including workplace, industrial and retail footprint optimization

Structured to support your distressed property, no matter the scope.
Our services are aligned to offer full or partial support of your unique distressed property experience.
01 Understand your asset
Analyze and value distressed property situations and provide solutions to align with your business and real estate needs.
02 Take control and stabilize
Complete property administration, project management and maintenance takeover.
03 Create value
Discover and resolve unknown issues and disputes to better position your asset in the market.
04 Disposition / exit
Strategic disposition and exit strategies to effectively market and sell your assets for maximum value.

Distressed property services news and updates
Avison Young’s Jeff Flemington to bike more than 4,000 kilometres across mostly unpaved terrain in support of Canadian Cancer Society

Five-week trek from New Mexico to Alberta to raise $55,000 for brain and breast cancers
Toronto, Ontario – On May 24, 2025, Jeff Flemington, of global commercial real estate advisor Avison Young, will bike across more than 4,000 kilometres of mostly unpaved terrain on a journey of grit, determination, endurance, and stamina – all in support of the Canadian Cancer Society, honouring his colleagues, Sarah Campbell and Kiana Kasaei, and their own journeys with cancer.
Over five weeks, between May 24 and July 3, Jeff will bike the Great Divide Mountain Bike Route (GDMBR) – 4,340 kilometres of terrain stretching between New Mexico, U.S., and Alberta, Canada, of which 90% is unpaved.
Coined “Project 55” in honour of his years spent on this earth, Jeff’s solo trek will raise funds for cancer research. His goal is to raise $55,000 toward curing Anaplastic Astrocytoma (Stage III brain cancer) and invasive ductal carcinoma (breast cancer) – two cancers that have impacted Kiana and Sarah.
Project 55 will be a true test of will as Jeff braves the elements across seven states and two provinces, in honour of those who fight. His journey from Antelope Wells to Banff serves as an inspirational, fresh outlook for those looking to kickstart their own ways to make the world a better place.
Avison Young is powered by people – people who make positive, meaningful change. The firm is passionate about bringing together people and the commercial real estate community, and supporting one another, as Jeff embarks on his bike trip, and as Kiana and Sarah continue their journeys to conquer cancer.
Donate to Project 55, managed through the Canadian Cancer Society. For every dollar donated, Project 55 has secured a 50% matching program through the Princess Margaret Cancer Centre in Toronto (brain cancer) and the Lunenfeld-Tanenbaum Research Institute in Toronto (breast cancer).
Learn more about Project 55 and track Jeff, starting May 24, on the Strava app.
Quotes:
“Although there is no comparison to the fight against cancer, I will push myself to fight against the elements in honour of incredible people like Sarah and Kiana, who persevere every day. I challenge myself to see things from a different perspective because I’m a big believer in living your life to experience as much as possible and to get outside your comfort zone. It is these experiences that lead to personal growth. As I was approaching my 55th birthday, I wanted to make a real difference, and I thought about how I could tie it to my colleagues, to my work, and to the broader commercial real estate industry – so here we are today.” – Jeff Flemington, Principal, Avison Young
“I have learned that my journey is one of resilience and perseverance. It is also one of support and togetherness – it takes a village and it’s crucial to have a support team around you. This is an incredibly ambitious challenge Jeff has set for himself and it’s an honour to be involved and an opportunity to help organizations that have supported me during my cancer journey.” – Sarah Campbell, Team Lead, Client Services, Avison Young
“Together, we can create a world where no one lives in fear of losing their life to an illness they never chose. I am deeply grateful for Project 55 and Jeff Flemington for taking on this challenging journey to make the world a better place by uniting the commercial real estate community to raise awareness. The unwavering support as I navigate this new reality means more than words can express.” Kiana Kasaei, Associate, Office and Industrial Leasing, Avison Young
“Avison Young proudly supports Jeff, Kiana, and Sarah, as Jeff takes the bike ride of a lifetime to raise funds that will go toward combatting cancer – very real battles that courageous, determined people like Sarah and Kiana face daily. I strongly encourage our Avison Young and broader commercial real estate communities to come together as one to show their support and respect for this noble cause.” – Mark Fieder, Principal and President, Avison Young Canada
"On behalf of researchers, doctors, volunteers, caregivers and staff at Canadian Cancer Society, we would like to thank Jeff Flemington and wish him luck on his journey across the Great Divide. Two in 5 Canadians are expected to be diagnosed with cancer in their lifetime and it is estimated that 247,000 Canadians will be diagnosed with cancer this year, which means that approximately 28 people are being diagnosed with cancer every hour. Thanks to the amazing support of individuals like Jeff, we are able to continue our mission and help hope bloom! By supporting Jeff in his journey and donating towards Canadian Cancer Society, you are helping fund world leading research impacting brain and breast cancer. Dr. Zadeh and Dr. Langille’s projects are helping change the future of cancer and by supporting Jeff’s Fundraiser you are becoming a part of that change!" – Isabella Singh, Supporter Engagement Specialist, Canadian Cancer Society
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 13 consecutive years.
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For more information:
Andrea Zviedris andrea.zviedris@avisonyoung.com, Media Relations – North America
Key distressed property services contacts
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Sheila Botting
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- Principal & President, Americas Professional Services
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- Consulting & Advisory

Neil Lacheur
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- Principal
- Executive Vice President
- Real Estate Management Services, Canada
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- Facility Management
- Property Management
- Asset Management

James Heaps
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- Executive Vice President
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- Consulting & Advisory
- Strategic Business Advisory

Brent Kingdon
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- Principal, Senior Director, Project Management
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- Project Management
Matthew McWatters, AACI, P.App
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- Principal, Managing Director & Canadian Leader, Valuation & Advisory Services
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- Valuation Advisory Services

Amy Erixon
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- Principal
- President, Global Investment Management
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- Investment Management

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Norman A. Arychuk
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- Vice President, Mortgage Broker, Debt Capital Markets Group
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- Capital Markets Group
- Consulting & Advisory
- Debt & Equity Finance
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