Real Estate

Mark Adams California Receivership Group

 

Mark Adams President of California Receivership Group

Mark Adams and his company, California Receivership Group (CRG), recently marked 25 years as California’s most experienced health and safety receivers. Over this time, he and CRG have managed 415 properties across California, Tennessee, and, most recently, Texas, facilitating and repaying $62.5 million in rehabilitation loans. According to the U.S. Bureau of Labor Statistics formula, this investment has generated roughly 1,500 jobs over CRG’s 25-year history—an average of 60 jobs annually—benefiting local economies and communities.

CRG specializes in rehabilitating challenging properties, including hoarder homes, illegal cannabis grow houses, and unlicensed dispensaries. As he looks ahead to the future, Adams remains committed to transforming some of the most troubled properties in California and beyond into vital community assets.

To extend his impact, Mark Adams launched Texas Receivership Group, LLC (TxRG), which has already secured two court appointments in Dallas. In 2019, he founded Tennessee Receivership Group, LLC (TRG), which recently completed its 36th property project in Memphis.

Following major wildfires in Los Angeles, Adams contributed an article to Receivership News—published by the California Receivers Forum—detailing the critical role of receivership in disaster recovery. His piece, “The Role of Receivership in Devastating Fire Recovery: Options in the Wake of the Palisades and Eaton Fires,” explains how court-appointed receivers can stabilize and rehabilitate fire-damaged properties, especially when owners are absent, underinsured, or lack resources. He advocates for broader awareness and use of receivership as an effective tool in wildfire recovery strategies, emphasizing its ability to protect public health and safety.

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Mark Adams

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Santa Monica, CA