Areas of Expertise
- Receiver
- Fiduciary Services
- Expert Witness
- Asset Management
- Property Management & Accounting
- Construction Management
Industries
- Real Estate
- Construction
- Hotel & Resorts
- Agriculture
Prominent Cases
- Retail and Office Receivership: COMERICA BANK, a Texas banking association, v 5515 SPALDING, LLC, 2457 MARTIN LUTHER, LLC, et al., - US District Court, Northern District, Georgia
- Assisted Living Facility Receivership: Trustees of the Rapid Funding Corporation Profit Sharing Plan and Trust U/A v. CLB Holdings, Inc - Fulton County Superior Court; Georgia
- Cannabinoid Production Business Receivership: Marquee Funding Partners, LLC, v Alchemy Processing Laboratory, LLC, a Wyoming limited liability company - District Court, Jefferson County, CO, 2023
- Hospitality and Real Estate Receivership: CRE/ADC Venture 2013-1, LLC v. R&M Investors, LLC et al. - US District Court, Charleston Division, South Carolina, 2014
- Multifamily property and construction manager for multiple properties post foreclosure by Fannie Mae
- Asset manager, construction manager and owner representative for 2,654 multifamily units in 4 states
Education & Licenses
- BS Civil Engineering; Certificate of Geochemistry – Georgia Institute of Technology
- MS Management (MBA) with focus in Accounting – Georgia Institute of Technology
- Licensed Real Estate Broker (GA & FL)
Professional Associations
- Turnaround Management Association
- National Association of Federal Equity Receivers
- National Association of Realtors
Experience
- 15 Years with Firm
- 23 Years of Relevant Experience
Biography
Joel Murovitz has over 20 years of experience across many
aspects of the real estate and construction industries. Joel began his
engineering career as a staff engineer with Willmer Engineering in Atlanta,
Georgia where he conducted environmental, geotechnical and materials testing
studies. Subsequently, as a Project Engineer with Parsons Brinckerhoff in Tel
Aviv, Israel, he managed the design and construction of infrastructure projects
for both the Israeli government and the Palestinian Authority (PA).
Joel's previously worked with a national real estate consulting firm, performing market analyses, financial feasibility and consumer research studies for various land uses and real estate products for planning purposes as well as development mix programming. He also oversaw large-scale capital projects for a REIT's 300-plus shopping center portfolio and implemented a preventative maintenance budgeting, scheduling and training program for property managers. He has managed land development efforts related to acquisition due diligence and project zoning, design, permitting, site work construction and tenant coordination for large-scale mixed-use and commercial developments.
Joel has been with GlassRatner (now doing business as B. Riley Advisory Services) since 2009 and his practice consists of:
- Court-appointed Receiver for real estate, loans and businesses
- Asset, property management and accounting
- Expert analyses and testimony on construction and real estate management
- Operational and financial audits of commercial real estate
- Construction and project scheduling, planning and management
- Project budgeting, cash management, accounting and reporting
- Property valuations and dispositions
- Casualty recovery and dispute resolution
- Cost analyses and damage calculations
-
Labor efficiency studies
Project scheduling and planning
Project delay and acceleration analyses
During Joel's tenure with the firm, he has overseen the management, construction and disposition of hundreds of assets of varying types and classes including multifamily, single-family portfolios, retail, office, industrial, hospitality, c-stores, agricultural and automotive. Joel has been appointed in both Federal and state courts as the named receiver in dozens of cases and is responsible for the firm's real property services including asset, property and construction management as well as leasing and disposition. Joel has proven himself as a trusted court-appointed fiduciary for real estate and operating businesses. He is a leading contributor for the firms valuation work on unique real estate assets or transactions and is a senior member of the construction advisory & dispute resolution practice.