147 Bogert St

An encumbered property taken to clear title: arrears and legal costs settled, relocation funded for the occupant, and the asset returned to the open market.

$328,000 Acquisition

$81,000 Arrears & relocation

$409,000 All-in basis

$500,000 Sale

The work

No renovation.
All execution.

This project involved no construction at all. The property carried arrears and legal encumbrances and was occupied. We settled the debt, covered the legal costs, funded the occupant’s relocation, and cleared title.

The return followed from taking on complexity that most buyers avoid — not from a discount, and not from the market. It is the clearest demonstration in the portfolio that a deal can be won on execution alone.