Royston Group Sells Super Kmart in Port Huron, Michigan for $9.1 Million

Los Angeles, CA (PRWEB) March 29, 2013

The Royston Group has completed the sale of a $ 9.1 million, Super Kmart located in Port Huron, Michigan.. The building of 193,590 square feet sits on more than 26 acres of land. Kmart initially signed a 25 year absolute triple net lease on the property.

Greg Cortese represented the buyer in the transaction. The buyer purchased the property due to the sites strong retail location, existing assumable financing and above market return.

Kmart does really well at this location. Port Huron being at the Canadian border makes this a destination shopping area for Canadians. The buyer assumed a loan with less than 4 years remaining and the lease expiring in 7 years. The extraordinary return made this deal worth the risk for the investor. said Cortese

Greg Cortese, President of The Royston Group and Rob Sutton, Vice President specialize in the sale of single tenant net lease properties.

The Royston Group is a privately held commercial real estate investment firm, founded in 1992. The company provides services for a multitude of net lease commercial property types including office, industrial, retail and medical. The firm has completed over $ 1.5 billion in real estate sales since its inception.

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NJW LAW, APC Resolves Over $100 Million of Distressed Residential Mortgage Debt in 2012

Newport Beach, CA (PRWEB) January 17, 2013

Many homeowners still face difficulty with their underwater mortgages despite recent home price appreciation. Often these homeowners are confused as to what solutions may work for their particular situation. Most are unsure if they will qualify for a loan modification, deed in lieu of a foreclosure, HARP 2.0, short sale, bankruptcy, or if they can (or should) file a lawsuit against the lender. In addition, homeowners are confused how the recent government settlements with the major loan servicers affects their rights. NJW LAW, APC has a proven track record of helping homeowners navigate through these difficult and stressful issues.

In 2012, NJW LAW resolved over $ 100 million in distressed residential mortgage debt. Whether through a short sale, modification, mortgage settlement, bankruptcy protection, or litigation, NJW LAW has achieved excellent results for their clients.

NJW LAW’s proven success is accomplished by using a team approach to handle each distressed residential mortgage case. By utilizing this unique approach, NJW LAW is prepared to seamlessly move a file through foreclosure prevention, negotiations, short sale, or bankruptcy. If litigation is necessary, NJW LAW is well equipped and has successfully litigated against several of the largest banks including Bank of America, Wells Fargo, Capital One, and others.

NJW LAW, APC is a boutique law firm that practices in the areas of Real Estate, Bankruptcy and Corporate Law. The firm attentively assists homeowners, Realtors, and investors with solutions for distressed residential real estate mortgage debt.

NJW LAW offers free consultations. If you would like more information you can contact NJW LAW, APC at (949) 273-0044

*Past results are not a guarantee of future success. Each case is different. This is for informational purposes only. Nothing contained herein should be construed as legal advice. We are authorized to practice law in the State of California. You must sign a dually executed retainer agreement with our office to retain our services.

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