Former Wall Street executive client asked our firm to identify a package of multifamily properties in University City section of Philadelphia. Within 3 months, we identified 19 property packages and, along with client, selected 8 of the choicest properties. Our lawyers acted as acquisition and closing counsel for the entire package, assisted with the assembly of rehab team, provided zoning advice, secured construction bridge financing in the amount of $250,000+ and now provides ongoing legal representation for nuisance, landlord-tenant and other acquisition and financing issues. Total package value approximately $7 million.
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