Multifamily Deal Closed After Years of Roadblocks

You’ll want to hear the craziness of this multifamily transaction! It took 2.5 years from start to finish to overcome the obstacles the seller faced in this deal. Check out my videos below on the drama…

Someone called me in the middle of Part 1. Damnit! So here’s the rest of the story…

I was involved as the broker in this deal for 2.5 years and we officially closed the deal last week. My client had been navigating this community for over 16 years from the beginning of the planning and development. The lesson here is stay focused, be persistent, expect and handle the unexpected and never give up. There were many times we could have thrown in the towel, and I think all parties are now very satisfied that we didn’t.

What lessons have you learned from a real estate deal or project that has taken significantly more time to reach your goals in? Let me know in the comment section below!