Firms handles McKenzie assets

Firms handles McKenzie assets

June 27th, 2009 by Staff Report in Business Around the Region

The U.S. Bankruptcy Court trustee has contracted with Commercial Associates for consulting services in the matter of real estate holdings of Steve A. "Toby" McKenzie, said company President Tom Kale Jr.

Mr. Kale's firm is responsible for identifying, evaluating, and marketing the properties in bankrutpcy.

The company has identified and evaluated most of the real estate assets and is soliciting potential purchasers for those assets determined to have equity value to the estate.

"The number and diversity of the assets has been a challenge to completely evaluate," Mr. Kale said.