Bankruptcy & §363 Real Estate Sales
Monetize your commercial real estate assets with the nation’s leader in bankruptcy sales
Hilco Real Estate Sales (HRE) specializes in bankruptcy and distressed commercial real estate dispositions nationwide, including §363 sales, court-approved auctions, and negotiated transactions. Our managed bid approach connects sellers with motivated buyers and maximizes recoveries across office, retail, industrial, hospitality, and land assets, as well as other commercial property types, while meeting court, creditor and fiduciary requirements.
Sellers gain a strategic advantage through our managed bid process when dealing with distressed assets, portfolio sales or real estate transactions within bankruptcy proceedings. Our expertise in distressed assets and bankruptcy proceedings ensures we connect sellers with motivated buyers that other firms simply don’t have access to.
With decades of experience, the bankruptcy specialists at Hilco Real Estate Sales (HRE) have successfully facilitated the disposition of thousands of commercial properties in a highly responsive and efficient manner. We are also deeply familiar with the intricacies of §363 sales and provide tailored legal and strategic guidance as part of our integrated process. Our team of experienced lawyers and in-house counsel stands ready to develop a fully customized sales solution for your assets, assisting with everything from motions-to-hire to competitive bidding strategies.
Ready to get started with a member of our Bankruptcy team?
Distressed Commercial Real Estate for Sale — Our Proven Strategy
Hilco Real Estate Sales specializes in maximizing value for sellers navigating a distressed property sale or bankruptcy real estate sale. Our team develops customized solutions, whether through expert-led real estate advisory, a structured commercial real estate auctions process, or negotiating with a potential stalking horse buyer to drive competitive bids.
While it may be tempting to hire an asset-specific expert or local broker to sell your asset, most have limited bankruptcy expertise, which ultimately results in failure when unforeseen problems arise. HRE understands the intricacies and complexities of bankruptcy sales and utilizes the advantages of each sale to create significant buzz around them, placing interested buyers in a competitive process to bid against one another.
We know bankruptcies can be stressful and complex. Our specialists are prepared to advise buyers so they are comfortable throughout the process. We also ensure sellers have peace of mind through the duration of the bankruptcy case with weekly status reports and updates directly from our team to you.
HRE’s optimal process includes:
- Strategic Asset Valuation – Understand the true market potential of your property
- Tailored Sales & Marketing Strategy – Maximize exposure to serious buyers
- Competitive Auction & Bidding Process – Secure top-dollar returns
- Legal & Transaction Oversight – Navigate bankruptcy & distressed property complexities with expert guidance
- Seamless Negotiations & Sale Execution – Close deals efficiently with our experienced advisory team
- Post-Sale Transition Support – Ensure a smooth transition for all stakeholders
Bankruptcy & Distressed Real Estate Capabilities
We deliver targeted marketing, national valuation services, and direct access to our proprietary buyer network to help sell distressed commercial real estate and bankruptcy property nationwide. Our expertise spans counsel-led and creditor-led sales, ensuring smooth and compliant transactions from valuation through closing.
- Debtor-Led Bankruptcy Property Sales
Our team works efficiently & in tandem with the debtor’s counsel to not only structure a sale but also understand its challenges. Given our legal & operational expertise, we keep legal costs down by using our experience to spearhead sales efforts. To increase efficiency, we’ve also created many templatized documents like a “Motion to Hire” or “Application to Employ” for use by counsel.
- Trustee-Led Distressed Property Sales
HRE understands the function & fiduciary responsibilities of a trustee within a bankruptcy. For a Chapter 11 Trustee, we know the best solution may not always be to sell. Therefore, we provide valuations as strategic advisors first, not as brokers. Through our many departments, HRE can be an essential partner in the bankruptcy process for a Chapter 11 Trustee at the onset of the appointment.
For a Chapter 7 Trustee, HRE recognizes the delicate balance between scheduled value & lien amount owed on a property & offers an initial valuation prior to exploring & providing different sales options.
- Creditor-Led Distressed Commercial Real Estate Sales
HRE has helped countless secured creditors with real estate liquidation plans inside of a bankruptcy. We’ve also assisted creditors post-foreclosure with their Real Estate Owned (REO) departments. Numerous local & national banks, as well as investment firms, have utilized our exemplary services. Valuation consultations & transaction proposals are available for clients to assist in making better, more informed decisions regarding their real estate.
Frequently Asked Questions
- What is a §363 bankruptcy sale for commercial property?
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A §363 sale is a court‑approved process to sell assets “free and clear” of liens. For bankruptcy property for sale, we prepare bid procedures, market to qualified buyers, collect bids and seek court approval for the highest and best offer.
- How do bankruptcy property for sale auctions work?
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We run a managed bid process: NDA + data room, marketing to targeted buyers, bid deadlines, auction (if applicable), and court approval. The structure increases competition and transparency while helping sellers maximize value.
- What makes a distressed commercial real estate for sale process different?
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Speed, disclosure and governance. Court timelines, creditor input and documented procedures are designed to protect the estate and create a fair, competitive sale environment.
- How fast can a bankruptcy sale close?
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Timelines vary by case and court, but a managed process often moves faster than traditional sales due to defined milestones, clear diligence and pre‑set approval steps.