Northgate Real Estate Group closed a seven-building Brooklyn multifamily portfolio for $18.6 million, a 54% premium over the opening bid, signaling strong institutional appetite for distressed assets.
“There’s a misconception that bankruptcy sales yield below-market prices. To the contrary, it’s consistently proven that when buyers believe they are pursuing a ‘discounted opportunity,’ they often bec...”
End of Intelligence Report · 3 Sources Verified