West Park Plaza Transaction Pushes Pricing, Increases Velocity
 Capital Pacific was engaged by an REO lender for the disposition assignment of a distressed mall in Billings, Montana. Through a focused marketing effort, Captial Pacific received 13 credible offers from investors throughout the United States.Through a best and final offering process Capital Pacific was able to push pricing, increase earnest money and drastically speed up the timeframes for this type of asset. Capital Pacific’s ability to provide comprehensive due diligence materials upfront allowed investors to submit educated offers, with the eventual buyer coming from California. National tenants included Sears, 24 Hour Fitness, Osco Drug, Hastings and Ben Franklin Crafts. |