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Deed-in-Lieu of Foreclosure for Owners of a Distressed Mixed-Use Building in New York City

Representation of privately owned real estate investment firms with a complex staged deed-in-lieu of foreclosure-like transaction with their lenders, and the related structuring of a 1031 like-kind exchange, for a distressed multifamily rental building, with ground floor retail, in New York City, which was owned through a tenancy-in-common arrangement.

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