Citizens Banks retains Equinox for receivership services

Citizens Bank has retained Equinox Management, in partnership with Precision Realty Group, to serve as receiver for a distressed multi-family portfolio on South Broad Street.

With 24 hours notice, Equinox was able to implement property management at the properties, notifying tenants of the new management and putting emergency procedures in place.

Equinox has now stabilized operations, performed a property condition assessment, implemented a preventative maintenance program, marketed vacant units, and is preparing the properties for sale.

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Equinox Management & Construction operates out of our main offices at TempleTown Realty.
1535 N. Sydenham Street
Philadelphia, PA 19121
TempleTown Leasing Office: 215-232-3707
University City Leasing Office: 215-966-8627

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