Gene Buccola of High Plateau Asset Management joins Navigating Receiverships to discuss a complex apartment complex receivership where the owner was living in the top floor and creating issues.

About Gene Buccola

Gene Buccola has excelled in a career spanning over four decades, marked by exceptional expertise in receivership management, strategic real estate development, and special asset liquidation. His leadership is characterized by a lifelong commitment to evaluating, enhancing, and strategically developing diverse real and personal property across multiple states. He consistently delivers successful outcomes in complex and challenging situations through a unique blend of deep professional experience, operational expertise, and legal understanding.

Gene's leadership is evident in his extensive receivership experience, where he excels at stabilizing and revitalizing distressed assets. He brings decisive direction to asset management, guiding each receivership from meticulous initial analysis and Day 1 procedure development to comprehensive valuation and strategic liquidation. He has successfully managed significant assets, including those valued at approximately $60 million, working with institutions such as US Bank, Liberty Bank, Sterling Savings Bank, Home Federal Bank, and the FDIC. His strategic approach, characterized by meticulous due diligence and decisive action, ensures the preservation and maximization of asset value. He expertly leads teams through complex repositioning and stabilization processes, navigating intricate legal and financial landscapes with precision. His expertise is further recognized through his participation as a panelist for the Oregon State Bar Association Debtor Creditor conference.

His experience extends to special credit banking, where his deep understanding, honed over a decade with First National Bank of Oregon, enables him to navigate complex financial disputes. He has been appointed as a receiver in multiple cases where he led the restructuring of troubled businesses and managed complex commercial properties. His leadership has consistently resulted in successful turnarounds and positive outcomes. His banking career in Special Assets has led to assisting multiple commercial banks, FHLMC, and the FDIC in the evaluation and liquidation of all special asset classes. Notably, he provided critical leadership during the 2008 recession, assisting the FDIC in the closure of several regional banks. Gene has also demonstrated his executive leadership as CEO of a multi-state aviation enterprise and a multi-state commercial property management company, showcasing his ability to lead diverse teams and operations. Gene's real estate expertise also encompasses development, investment, and management. As a principal broker for over four decades, he has a proven track record of identifying and capitalizing on lucrative real estate opportunities. His deep understanding of market dynamics, coupled with his ability to analyze complex financial data, allows him to make informed investment decisions that generate substantial returns. He has successfully led the management of diverse real estate portfolios, including commercial office, industrial, hospitality, and multi-family properties, demonstrating a keen understanding of property valuation, development, and management. Additionally, his leadership extends to facilitating employee corporate relocation, working with Relocation Resources (RRI) to serve employers like CH2M-Hill Engineering and Hewlett Packard.

Gene currently holds significant roles in industry associations such as AAPL, CRA, and TMA further underscoring his ability to lead and inspire. He is a recognized leader, entrusted with significant fiduciary responsibilities and sought after for his strategic guidance. Gene holds an unwavering commitment to excellence, and this is evident in his approach to life and profession.

About Navigating Receiverships

Navigating Receiverships is a podcast brought to you by the Commercial Receivers Association. Navigating Receiverships brings stories from different receivership and insolvency actions in which our members came into a difficult situation and were able to successfully navigate the landscape. Our members share their story in an effort to both educate and entertain our listeners.