Steve Donnel, CCIM
Stephen J. Donell, CPM®, CCIM®, ARM®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 the western United States. 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 hundreds of cases throughout the country. He has extensive experience involving asset and business liquidations, gas stations, restaurants, residential, retail and commercial real estate. In addition, Mr. Donell has administered cases involving commercial and residential owners associations, post judgment enforcement actions, marital dissolution cases, single family and condominium construction completion/entitlements, accounts receivable collections, collateral seizure cases, including medical practices and coin laundry facilities, skilled nursing facilities and/or Residential Care Facilities for the Elderly and other types of receivership appointments. Mr. Donell has also administered and/or been appointed in federal court as receiver in United States Securities and Exchange Commission and other government enforcement actions involving business fraud. These cases have involved over 25,000 investors and invested funds totaling more than $750 million and involve the recovery of assets in multiple foreign jurisdictions.
Mr. Donell is the 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. The company was formed in 1985 and has provided management services for real estate properties with a market value in excess of one billion dollars. Jalmar Properties, Inc. AMO® is licensed as a Real Estate Broker in California, Arizona and Nevada, and the company was awarded the designation of AMO® Company of the Year in 2005 by the Institute of Real Estate Management (IREM®). Mr. Donell is also President of FedReceiver®, Inc., which employs four full-time receivers.
Mr. Donell serves as an expert witness for both plaintiffs and defendants in connection with premises liability cases. He has served as an expert in matters including but not limited to slip and fall, habitability, mold, bedbugs, asbestos, lead-based paint and overall standard of care issues related to the ownership, operation and management of residential and commercial real estate. He also serves as an expert in matters involving the duties and obligations of court appointed receivers.