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503 W 150th St
OVERVIEW
Purchased non-performing loan on failed condo. Forbearance negotiations failed. Pursued foreclosure, defeated bankruptcy, we prevailed. Got control, renovated building, operated for a year and sold.
KEY FACTS
Location
New York, NY 10031
Asset Type
Apartment Building
Participation
Business Plan
Purchase loan/ take title/ renovate / lease up / sell
1st Mortgage Loan/Fee Simple Title
LOCATION
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