A Chapter 11 sale of a vacant Sheehan Hospital to a medical user in Buffalo, New York.
Portfolio of Wisconsin Churches sold and closed to various buyers within 90 days of Marketing Launch.
REO Property of Halfway House/Detention Facility in Suburban Chicago.
Sold As-Is with no contingencies in 60 days.
Chapter 7 Bankrupty sale of defunct Biodiesel facility in Newark, NJ.
Sold As-Is to a user.
Many environmental issues with the property.
Farmington Hills, MI
Development site in Farmington Hills, MI.
Auction utilized to achieve market pricing for an ongoing eminent domain dispute.
Lake George, NY
Dry-Stack Storage, Quick-Launch Marina on Lake George.
Long Island, NY
Both Properties were internationally marketed to both Schools and Developers.
Pricing was driven by varied uses and zoning capabilities.
One campus was sold to an international institution and the other to a developer.
Commercial portfolio included a community center that supported the local Amish community, three commercial buildings totaling over 150,000 square feet, and over 90 acres of development land.
The estate and its advisors chose a national promoted and structured sealed bid deadline sale in order to have a year-end sale, choose the appropriate buyer, and to maximize price (large pricing variation depending on use).
All properties were sold by year-end at approved pricing.
170 acres in Staatsburg, NY, in the Mid-Hudson River Valley owned by a prominent real estate family who had owned the land for over two decades.
The property featured a 13-acre lake, the former Staatsburg Reservoir, as well as a NY State DEC regulated dam and spillway, which had an effect on the overall value of the property as well as the topography of the land, which made it unsuitable for large scale development.
We ran a sealed bid sale that garnered contracts from groups throughout the country with varied desired uses.