Pricing: $2 to $100 Million in current asset value, All Cash Transaction.
Location: Manhattan, Brooklyn, New Jersey, Miami. Other destination cities considered.
Collateral: Fractured or unsold class-A condominium developments and distressed B+ or better multifamily properties.
Asset Type: REO, short sale, wholesale discount, defaulted whole loans, otherwise very motivated Seller, Developer or Lender.
Submission Requirements: Principals or brokers with direct relationships with owners or lenders only.
Contact:
Brian D. DiSalvo
Prodigy Capital Group
72 Greene St, 2nd Floor
New York, New York 10012
T. 212-966-1015 x223
C. 973-789-6001
F. 212-602-0101
E. bdisalvo@prodigycapitalgroup.com
Brian, I have a 14 unit townhouse apartment complex in Panama City Florida.(on the gulf coast).
$975,000 sale price... Assumable 1st. mortgage $600,000 @6%. Seller holds 2nd $228,750.@7%. Purchaser needs 15% down $146,250.