Our Services
For Successor Trustees, Executors and Families
The Jordan Group represents families and fiduciaries selling multifamily property held in a trust or an estate. Jordan works alongside the attorney and CPA already advising you, and keeps the sale on the estate’s timeline.
Estate sales carry an extra layer. Authority to sell has to be established, heirs often want different outcomes, and depending on how the estate is administered the sale may require court confirmation. A stepped-up basis can also change the tax picture enough to reshape the whole plan, so the estate attorney and CPA belong in the first meeting rather than the last.
Most of these buildings have been held for decades. Rents sit well below market, records are incomplete, and the people now responsible for selling did not choose to become landlords. The work begins with establishing what the property is worth today and what condition its paperwork is in:
Discreet representation for trustees, executors and families.
The Jordan Group has extensive experience working with successor trustees, estate attorneys and beneficiaries. Counsel and CPA stay in the conversation from the first meeting, and decisions that carry tax or fiduciary weight stay with the people qualified to make them.
Beneficiaries rarely start out agreeing on what a building is worth. A valuation built on recent closings in the same submarket, with the underwriting shown, gives the family one documented number to work from.
Marketing begins when the estate is ready. Discretion can be preserved throughout, with tenants undisturbed and terms kept private, without giving up the competition that discovers the top of the market.
Case Study
| Location | 24 Units Prime West Hollywood |
|---|---|
| Sold For | $7,750,000 |
| CAP Rate | 1.84% (Lowest in Area History! – 8 Units +) |
| Price Per Unit | $322,917 |
Ownership which was now multiple children of original owner had held the rent-controlled property for over 40 years and was unsure of its market appeal due to low rents.
We executed an aggressive marketing campaign, generating 12 tours and 7 offers. The property ultimately sold through a Best & Final Offering with a non-contingent offer, setting a record-low Cap Rate for the area.
Get in Touch
Let's discuss your real estate goals. Schedule a one-on-one consultation with our expert brokers to find the right investment for you.
jordan.asheghian@lyonstahl.com5.0 on Google$435M+ in SalesTop 1% Apartment Broker Los Angeles
