SOLD: Housing Provider

The most recent business VR Business Brokers helped a Triangle Business Owner sell was a Short Term Housing Provider which offered residential property renters and corporations seeking residences for employees opportunities to secure housing for 3-12 months.  

As a retirement sale, this deal closed one chapter of an entrepreneur’s life and allowed him and his wife to spend more time with the grandchildren, while it opened a new chapter for a busy real estate agent to add a new business vertical to his real estate brokerage.  This deal included confidential marketing, buyer screening/sourcing, complex deal structure negotiations, and the assignment over more than a dozen leases!  Special thanks to the law offices of John B. Finch and Peter Hanna at Hopler, Wilms, & Hanna PLLC for legal services.

Congratulations to both successful entrepreneurs for this important and complicated transaction!