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UCC Article 9 Auction – LLC Interest with NYC Office Building

UCC Article 9 AuctionPublic Sale of Equity Interest in the following LLC This Article 9 sale provides a unique opportunity to acquire the LLC interest in JTRE 14 Vesey LLC, the entity which owns 14 Vesey Street, NY. 14 Vesey Street, located in the City Hall neighborhood, NYC: 39,644 SF Five-Story Office Building Built in… Continue reading UCC Article 9 Auction – LLC Interest with NYC Office Building

For Sale: Lake Front Mixed Use Development Site

Keen-Summit Capital Partners LLC has been retained to act as Lakes Edge Development Group LLC’s real estate advisor in the sale of this lakefront mixed use development site, Lake’s Edge Seneca.  Lake’s Edge Seneca is a beautiful mixed-use development site on 12.965 acres (2 parcels) with frontage on Seneca Lake. The development site includes: Location Highlights:… Continue reading For Sale: Lake Front Mixed Use Development Site

What We Predict for the Commercial Real Estate Market in 2024 

Harold Bordwin, Principal and Co-President At yearend 2023, the commercial real estate market continued to grapple with the challenges and changes that began over a year ago, in March 2022, when the Federal Reserve made the first interest rate increase.  As a result, this period has been marked by rising interest rates, which have significantly impacted… Continue reading What We Predict for the Commercial Real Estate Market in 2024 

Bankruptcy Sale: MB Marshall Real Estate Portfolio

Keen-Summit Capital Partners LLC has been retained by Fred Stevens, as Chapter 11 Trustee, for M. Burton Marshall (New York Northern Bankruptcy Court Case# 23-60263-PGR) in relation to the disposition of the real estate portfolio of 100+ properties near Colgate University.  The portfolio consists of residential properties (single family, multi-family & apartment), vacant land, warehouse, self-storage and… Continue reading Bankruptcy Sale: MB Marshall Real Estate Portfolio

For Sale: Manufacturing Industrial Facility

Keen-Summit Capital Partners LLC and Savills have been retained by the iBio CDMO LLC in the sale of: 8800 Health Science Center Parkway, Bryan, TX: Click Here to View Map

WeWork Plots Rapid Comeback With Bankruptcy Law in Its Favor 

Alex Wolf, Reporter  Nov. 8, 2023, 5:20 AM EST  WeWork Inc. has arranged a path to reorganize with speed and aggression that, despite the company’s extraordinary fall from grace, will be boosted by favorable bankruptcy laws and continuing demand for office flex space.  Keen-Summit’s Harold Bordwin weighs in. Read more: https://news.bloomberglaw.com/health-law-and-business/wework-plots-rapid-comeback-with-bankruptcy-law-in-its-favor

Receiver Orders Absolute Auction of Finlandia University Real Estate 

FOR IMMEDIATE RELEASE  Media contact: Wendy Schecter, Harrison Edwards PR, wschecter@harrison-edwardspr.com, 917-687-9696  Two buildings and three lots to be sold to highest bidder regardless of price  (Hancock, MI….  November 8, 2023)  Finlandia University recently became one of the latest small colleges forced to close. Two desirable buildings, a nearly 4-acre lot, and two one-acre lots… Continue reading Receiver Orders Absolute Auction of Finlandia University Real Estate 

What Are the Options for Real Estate Owners Facing Loan Defaults

Owners facing challenges today have several restructuring options, but it’s critical to get guidance.  Harold Bordwin | Oct 31, 2023  The almost daily announcements in the press about defaults, foreclosures, deeds-in-lieu and, among other things, the forthcoming sale of Signature Bank’s $33 billion commercial real estate loan portfolio are ominous signs for the real estate community.… Continue reading What Are the Options for Real Estate Owners Facing Loan Defaults

Receiver’s Sale: ALL UNDER CONTRACT – Finlandia University

Keen-Summit Capital Partners LLC has been retained by the Receiver of Finlandia University, Patrick O’Keefe and O’Keefe and Associates Consulting, LLC, to act as Receiver’s real estate advisor, in the sale of the following assets in Hancock, MI. Jutila Center – 200 Michigan St, Hancock, MI: CLICK TO VIEW VIDEO PACKAGE Old Main – 603… Continue reading Receiver’s Sale: ALL UNDER CONTRACT – Finlandia University

SOLD – Randsburg Project: Mining Claims For Sale

For-Sale: Historical Randsburg – Red Mountain Mining Claims San Bernardino and Kern Counties, California, USA (A) 70 Patented Mining Claims, 1,324 acres, and (B) 108 Unpatented Placer & Lode Claims, 2,125 acres We are selling the above-referenced patented (fee-owned land and minerals) and unpatented (leased) semi-contiguous mining claims covering approximately 3,449 acres in the historical… Continue reading SOLD – Randsburg Project: Mining Claims For Sale