918 E. Thompson Blvd - Multifamily Development Site - Approved 45 Units
Property had been on the market for over 4 years with existing approvals that were not viable. No one was willing to buy at seller’s price with current approvals. I was able to convince seller to go into contract with a well qualified buyer who would close after obtaining approvals. Worked with buyer, and cautious seller, to agree to grant extensions for final successful closing after almost 1 1/2 year escrow. Buyer was satisfied with having the time for approvals and seller was happy that they achieved their full asking price.
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