Receiver
Senior Vice President
Stephen J. Donell, CPM®, ARM® CCRM®, CCIM has been active in various fields of real estate since beginning his business career in 1984. Since that time, Mr. Donell has been involved in the acquisition, development, marketing and management of properties located in California, Arizona and Nevada. These property types include office, commercial, retail, industrial, multi-family, hotel, single family and condominiums.
Since 1990, Mr. Donell has administered and/or been appointed as a federal and state court receiver in more than 300 cases in California, Arizona, and Nevada. Many of these cases involved sub-standard real properties in Los Angeles, Orange and San Diego County that required substantial rehabilitation due to deferred maintenance and major health and safety issues. Mr. Donell has extensive experience in residential and commercial real estate, asset and business liquidations, oil and gas partnerships, post judgment enforcement actions, as well as other types of receivership appointments.Mr. Donell has also administered and/or been appointed in federal court as the receiver in numerous United States Securities and Exchange Commission and other government enforcement actions involving business fraud both in California and in Nevada. These cases involve over 10,000 investors and $500,000,000.00 of invested funds.
Mr. Donell is the Senior Vice President of Jalmar Properties, Inc., AMO® a real estate investment and property management company specializing in the acquisition, development and management of commercial, retail, industrial and multi-family housing in California, Arizona and Nevada. The company was formed in 1985 and has provided management services for real estate properties with a market value in excess of $1 billion. Jalmar and/or its owners have developed 100's of single family homes and in excess of 500,000 SF of commercial properties, in addition to syndicating the purchase of numerous commercial properties in the western U.S.
Jalmar Properties, Inc., AMO® is a licensed Real Estate Broker in California, Arizona and Nevada.
Jalmar Properties, Inc., AMO® was awarded the designation of AMO company of the year for 2005 by the Institute of Real Estate Management (IREM®).
Licensed California Real Estate Broker
Institute of Real Estate Management (IREM®)
CCIM Institute
California Apartment Association
Upcoming Speaking Engagements
October 27, 2010 - Los Angeles, CA California Receivers Forum Fall Educational Series: "SEC Receiverships 101"
June 9, 2010 - "Receivership 101: Profit by Acting as a Receiver for Commercial Foreclosures."
Past Speaking Engagements
May 13, 2010 UCLA - Lecture - Receivership Fundamentals
May 14, 2010 - Los Angeles Distressed Commercial Real Estate Summit West - Panelist: "Maximizing Value in Distressed Assets Through Receivers"
May 22, 2010 - Monterey, CA California Bankruptcy Forum, 22nd Annual Insolvency Conference - Panelist: "Rents and profits Receiverships: Commercial & Multi-Unit Residential Properties"
January, 13 2010 San Diego ULI Conference - Keynote speaker - Receiverships 101
November 17, 2009 California Receiver's Forum - Keynote speaker - Receiverships 101
July 21, 2009 CCIM, Torrance CA - Keynote Speaker, Receiverships 101
August 24, 2009 - Cushman & Wakefield, La Jolla CA - Receiverships 101
August 24, 2009 - Cushman & Wakefield, San Diego CA - Receiverships 101
September 8, 2009 - Marcus & Millichap, Los Angeles, CA - Receiverships 101
September 11, 2009 - Grubb & Ellis, Sacramento, CA - Receiverships 101
November 16, 2009 - California Receiver's Forum, Los Angeles, CA - Receiverships 101
Institute of Real Estate Management
CCIM Institute
Los Angeles Apartment Owners Association
National Apartment Association (NAA)
Arizona Multi-family Housing Association
Apartment Association of Greater Inland Empire
Building Owner's and Manager's Association
California Apartment Association
California Receiver's Forum
Beverly Hills Association of Realtors
National Association of Realtors
Neighborhood Council of Westchester-Playa
Playa Vista Parks and Landscape Corporation
Rotary Club of Playa Sunrise Board Member/Treasurer 2006-2008
Westchester LAX Marina del Rey Chamber of Commerce