Real Estate Loan Management (RELM) is appointing receivers to 14 property companies controlled by Paddy McKillen Jr on foot of debts of €50 million. RELM, a non-bank lender specialising in commercial and residential property, has asked accountants Ken Fennell and Brendan O’Reilly from Interpath Advisory to act as receivers to the property companies. The move will not impact tenants of the buildings, who will continue to trade as normal.  RELM is a Dublin-based lender backed by the US investment firm Avenue Capital, which acts as investment advisor to the vehicles that made loans to the McKillen Jr companies; and by…

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