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building at 260 Ocean Parkway

Started by leehan41
over 14 years ago
Posts: 1
Member since: Nov 2011
Discussion about
why do all units in this building require cash transaction? I called one of the broker and she said it is because the sponsor owns a majority of the units in this building, and thus the bank won't approve any loans? Does that make sense? or is it because the sponsor has bad credit, and this building's financial condition is poor? Thanks.
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