Re: Palm Drive – 79 units in Blythe, CA
I want to thank you and your team for your outstanding efforts to achieve a successful sale of 79 units in Blythe, CA.
Not only did you demonstrate the excellent proficiency in handling 1031 exchanges for both parties, but you were able to achieve 100% of the asking price. You also maintained control in a challenging market to prevent any re-trades while negotiating an additional 80-days worth of closing extensions. The additional time was needed as this helped me locate the upleg for my exchange.
Your expansive network of buyers produced a competitive bidding environment, and despite many challenges along the way, the buyer did not renegotiate the price.
You clearly demonstrated that you and your team have the market and industry presence to deliver despite unprecedented market conditions.
Impressed by your expertise and the support of your team, I was able to rest assured all deadlines were met and was well informed throughout the entire process. I highly recommend you and The Mogharebi Group to anyone looking to sell or buy their multifamily investments.