Acting on behalf of the Receiver and Liquidator, Miller Street Partners assumed management of a $200 million First Mortgage portfolio of more than 355 assets across multiple Sydney and NSW locations.

The properties had significant issues that prevented them being realised before the appointment of Miller Street Partners. MSP addressed each issue, overseeing rectification and refurbishment works, tailoring appropriate marketing campaigns and appointing its own sales force.

The achieved sell-out, at prices well above valuation, was extraordinary in the midst of the Global Financial Crisis.