Distress & Opportunity / New York
The building is also a leasehold condominium, not a fee interest, which is the fact that sets the floor under any bid.
09.16.26 · 2 min read
Every story on The American Developer that names Newmark, 3 and counting.
The building is also a leasehold condominium, not a fee interest, which is the fact that sets the floor under any bid.
Twenty-two instruments in one recording batch. That is what a low-income housing tax credit resyndication looks like from the outside.
A REIT that could not sell at its stock price sold half the asset instead, and kept the operating platform.