Carson Equities Appointed Asset Receiver for Twelve West Properties LLC, Twelve West Properties II LLC, JR Land Development LLC and 26 Mile And Gratiot LLC

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Stephen J Carson, principal of Carson Equities, was appointed asset receiver by Oakland County Circuit Court in the matters pertaining to real and personal property assets of Twelve West Properties LLC, Twelve West Properties II LLC, JR Land Development LLC and 26 Mile And Gratiot LLC.

Stephen J Carson, principal of Carson Equities, was appointed asset receiver by Oakland County Circuit Court in the matters pertaining to real and personal property assets of Twelve West Properties LLC, Twelve West Properties II LLC, JR Land Development LLC and 26 Mile And Gratiot LLC. Twelve West Properties and Twelve West Properties II own certain real and personal assets at 45700 W. 12 Mile Road, Novi, Mich. JR Land Development owns real and personal assets located at 30225 26 Mile Road, New Haven, Mich. 45700 W. 12 Mile Road is a 63,668 square foot multi-tenant industrial warehouse development located on 17.86 acres in Novi, Mich.

About Carson Equities
Carson Equities provides corporate and real estate advisory services to private and public institutions; addressing their delinquent and non-performing obligations. Carson Equities third-party management affiliate and court-appointed receivership commitments establish knowledgeable, consistent and cost-effective oversight to assist national, regional and local lenders with their distinct asset requirements. Carson Equities successfully provides its services by i) placing knowledgeable, qualified support staff within the process ii) incorporating consistency between the lender, lender counsel and borrower iii) developing a strategic plan and cost recovery estimates that fit within the short and long-term goals; iv) providing litigation support as needed and v) developing short and long term solutions to non-performing obligations and assets. http://www.carson-equities.com

Carson Equities is a privately-held investment company dedicated to the acquisition, operation, and disposition of alternative investments. Carson Equities identifies and pursues inefficiencies within a select investment class, ultimately capitalizing on situations not conspicuous to the mainstream marketplace. Carson Equities investment portfolio focuses on opportunities within real estate, commercial debt and small to mid-size companies. Carson Equities investments are the combination of strategic planning and aggressive implementation.

Stephen J. Carson is founder and principal of Carson Equities and principal of it's joint venture affiliate partners. Stephen leads a team of professionals dedicated to identifying unique, undervalued opportunities and implementing short and long-term results. Stephen remains an active member in good standing with the State Bar of Michigan and is a court appointed receiver in real estate related matters. Stephen is a member of the American Bar Association, Urban Land Institute and Turnaround Management Association.

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Crystal Trzok
Carson Equities
(586) 484-1161
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