DEVELOPER SERVICES

Successful sales and key services include:

• Finished and Unfinished Inventory
• Developer Close-Out Sales
• Development Grand Openings
• Bulk Sales to Investors
• Retail Sales to End Users
• Condominiums, Single Family Homes, Unfinished Lots
• Development Land

• Portfolio of hundreds of Quarter- to Whole-Share condominium units.

• Closed out the Project within 90 days of Marketing Launch.

• A Chapter 11 bankruptcy sale of four finished luxury townhomes in Greenwich, CT.

• The properties were marketed to end users individually and investors in bulk.
• The properties sold and closed within 90 days of Marketing Launch.

• High-rise Condominium in Middleton, MA, situated on a golf course.

• Hired to sell the remainder of the Project.
• Sold and closed approximately 60 condominiums to different buyers within 90 days.
• Most closed within 14 days of sale utilizing a strategic "quick-close" offer.

• The debtor retained our team members, as part of a workout strategy with Wells Fargo, through their Chapter 11 reorganization, to sell eight partially completed subdivisions/land and 16 Residences in DE, MD, and NC.
• The subdivisions ranged from a 303-lot partially completed subdivision to a six-acre parcel of land approved for 17 lots. Also included were, 16 finished residences within these subdivisions, which were offered individually.
• Our team members’ 6-week accelerated marketing program produced 310 prospects, and 62 bidders attended the auction. We sold 23 of 24 properties to third-party bidders.

• As part of a Chapter 11 reorganization, our team members were hired to represent one of the largest regional builders in NJ in the sale of six partially completed subdivisions and finished inventory. This particular debtor owed approximately $300 million to approximately 1,000 creditors at the time.

• The purpose of the sale was to generate capital for the reorganization by designing a program that would maximize the price of select non-core assets in a stagnant market, by selling them individually through our accelerated marketing and sales campaign. Our process produced approximately $30 million.

• Bankruptcy Sale of Vacation Property in NW, Indiana.

• Finished Inventory; developed lots and vacant land.

• Sold all properties to individual investors at market pricing. 

• A prominent developer hired our team members to sell his 1.85-acre condominium development site on Chicago’s Magnificent Mile, Michigan Avenue. The site was zoned for 656 units and was privately marketed for a few years without success.

• The owner hired us to conduct a structured and aggressive eight-week marketing and PR campaign in order to draw focus on his property. The property was offered with a sealed bid deadline and with reserve.

• After three weeks of marketing, we sold the property pre-emptively for $43.8 million, as the buyer did not want to lose the property. It’s important to note that this buyer was discussing buying the property for years and the auction forced him to act immediately or potentially lose the property.

• High-Rise Condominium in Jersey City.

• Sold and closed 36 Units within 90 days of Marketing Launch.

• 50+-Unit Condominium Portfolio.

• Complete Sellout of the project by Year-End.

• The majority of the condos closed within 14 days of the sale.

• 26-Unit Condominium Portfolio.

• Grand Opening and Sellout of the Project.

• All sold at Live Auction Event with very Tight Pricing.

• Remaining 22 Units in 161-Unit Loft Conversion.

• Sales had stagnated and a closeout sale was needed.

• All 22 units sold in one auction event.

• Over 9,700 inquiries were received on the auction.

• Remaining 20 Units in 98-Unit Development.

• Closeout sale due to stagnant market.

• 90-day process with all units sold in one event.

• 21-Unit Condominium Portfolio.

• Closeout Sale of entire 92-unit Project.

• Sold all at a Live Auction Event—Seller only pre-committed to selling four units.

• 26-Unit Condominium Portfolio.

• Complete Closeout Sale of the Project.

• Seller Only Committed to Selling Eight Units.

• 36-Unit Condominium Portfolio.

• Publicly Offered only 30 Units and Sold 36.

• Seller Hired Us to Complete Two More Portfolio Sales.

• 17-Unit Condominium Portfolio.

• Grand Opening and Closeout Sale.

• Sold All 17 Units at One Event.

• Hired by Six Other Developers Who Witnessed Sale.

• 14-Unit Condominium Portfolio.

• Pre-Grand Opening Sale to Promote All 75 Units.

• Sold 14 Units at Market Pricing.