Investment in Distressed Assets in NY: Purchasing an Asset in Bankruptcy or via a UCC Foreclosure
Opportunities are increasingly emerging in New York for the purchase of distressed assets. Opportunities abound in commercial real estate, residential real estate, retail, manufacturing, franchising, distribution, and food & beverage. Many of these distressed assets shall hit bankruptcy courts or shall be sold under the UCC. Opportunities are, immediately, available for investors with access to immediate cash, the ability to conduct nuanced due diligence and an ability to either turnaround distressed businesses or weather the present real estate storm.
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