After suffering serious financial trouble and lengthy construction delays, The Palladio, a 13 story condominium tower in Reno Nevada, went into a court ordered receivership. The lenders, Merrill Lynch Capital, hired Allco Construction to get the project back on track and completed. Within a very short time frame Allco was able to regain the momentum lost on the project, maintain a workable budget within the constraints of Merrill Lynch Capital, and complete the project to the satisfaction of the many home owners who had been waiting over 18 months to move into their new homes. As a representative of the receivership, I was very impressed by Allco’s ability to take over such a difficult project and make it a success.