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CASE STUDIES
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Olive Grove
Sylmar, California |
30 Single Family Homes |
Challenge
Negotiate the purchase of a distressed bank loan and quickly reinvigorate, complete, sell and close a partially completed foreclosed subdivision.
Vision
Adopt a proactive marketing campaign touting the builder team’s experience and stability while maintaining sales prices comparable to distressed sales of existing homes in the area.
Results
Within weeks of purchasing the loan, CityView, along with Lee Homes, an established local builder with knowledge of the product, area and buyer profile, completed the homes and quickly sold them at prices which equate to monthly payments below rental rates in the area. |
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