1031 EXCHANGE

On February 29, 2008, Lior Regenstreif once again successfully closed another retail single tenant transaction, representing the Seller and the Buyer.  The Whataburger, located in Montgomery, AL sold for $1,856,450.  The site was on the market for 14-months before being sold.  The contract took an extraordinarily long time because of the dynamics of the Buyer and Seller.

The transaction was complicated and not without hurdles to overcome.  The Selling entity was part of an estate sale requiring an overwheliming abount of paperwork and legal interfacing with the various entities involved in the transaction.  When interviewed, Lior was quoted as stating, "This may not have been the easiest transaction, nor the largest, but what makes this career interesting and keeps me on my toes is that no transaction ever repeats itself.... I am always learning and each day brings with it a new challenge and experience... my goal is to provide the best possible service to my clients and to keep driving each transaction to a successful close.  When this property first presented itself to me, I was repeatedly told by the experts I consulted that it couldn't be done, the deal was too difficult.  I just don't believe in can't."

What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557