Loan workout
Trigild
Trigild is a fiduciary and advisory services firm that takes court-appointed and creditor-side roles on distressed real estate. It works for lenders, special servicers, investors, and owners across commercial real estate, multifamily, single-family rental portfolios, hospitality, and operating businesses, and now trades as Trigild, powered by Lincoln, pairing its own platform with Lincoln's national footprint.
Receivership is the core practice. Trigild reports more than 5,000 court-appointed receiver assignments through federal and state courts, and has directed the sale of over 400 properties as receiver, including receiver sales tied to the assumption or modification of a senior loan. An engagement runs from taking control of operations, bank accounts, and documentation, through life-safety, vendor, tenant, tax, and insurance management, to court reporting from opening report to final accounting. Its in-house receivership staff includes attorneys, paralegals, CPAs, MBAs, and real estate brokers.
The firm also serves as Chief Restructuring Officer, trustee, liquidating trustee, examiner, custodian, bankruptcy receiver, and administrator in assignments for the benefit of creditors, and runs a forensic accounting practice that audits records, traces related-party transactions, and investigates suspected fraud or embezzlement. A separate asset management and advisory group handles property evaluation, business plan development, leasing and capital project oversight, and performance reporting.
Trigild was founded in 1976 as a property management business and changed ownership in 2019. Its about page claims over five decades of experience while the site's meta description says 40+ years, and part of the services page still carries placeholder text, so treat the current service list and tenure claims as worth checking directly.
Best for
Lenders, special servicers, and bankruptcy creditors that need a neutral fiduciary to take control of a defaulted commercial, multifamily, hospitality, or single-family rental asset. Owners can hire it for asset management, but the practice is built around creditor recovery.
What they do
- Court-appointed receivership
- Receiver sales of distressed property
- Chief Restructuring Officer engagements
- Bankruptcy trustee and liquidating trustee roles
- Assignments for the benefit of creditors
- Forensic accounting and fraud investigation
- Real estate asset management
- Business plan development and execution
- Advisory and consulting on distressed assets
Details
| Attribute | Value |
|---|---|
| Founded | 1976 |
What stands out
- Reports more than 5,000 court-appointed receiver assignments through federal and state courts.
- Has directed the sale of over 400 properties while acting as receiver.
- In-house receivership staff includes attorneys, paralegals, CPAs, MBAs, and real estate brokers.
- Founded in 1976 as a property management business; managed nearly 200 assets, including over 100 hotels, during the S&L crisis.