That property attracted a deep
pool of bidders and eventually sold to an investment group that was new to the sector and was buying the property as part of a 1031 tax - deferred exchange.
Park District officials put the contract out for bid three times, trying to broaden
the pool of bidders.
Not exact matches
Buyers gain access to a large
pool of supply from multiple regions, and know that they will never pay more than any other successful
bidder for that product.
Wallace did not require
bidders to include all
of the sites they funded and did encourage
bidders to consider studying sites outside
of the funded
pool.