Maximizing Proceeds for Retiring Owner

THE CHALLENGE

Owner looking to maximize proceeds for retirement

• The seller was an owner/investor who was also employed at competing national firm and planned on retiring and moving
• The property was purchased in 2000
• Owner received three other BOVs priced between $21 to $23 Million

THE SOLUTION

The Mogharebi Group was able to leverage our industry-leading platform and extensive network of buyer relationships to procure maximum proceeds for the owner.

• Sold for $23,925,000, a record-setting $435,000 per unit
• Winning bidder was a private investor
• $175,000 non-refundable / released at opening of escrow 
• Achieved 99.8% of target / list price