Hello Sean,
First off, a big thank you!
We are thrilled with the results of your efforts and the amount of activity and proposals generated.One piece of information I wanted to pass along that we feel could be a great benefit for you and your future clients. My family was originally unsure about what direction we wanted to go, in regards to which person and organization would handle the sale of our assets. There was some dissension early on as some of our family wanted to use a “large, national” firm and believed in their marketing reach and efficient process. You not only achieved all of the efficiency of marketing and generating proposals but your personal touch and sound guidance was a glaring difference that set you apart from all others. Meeting us numerous times on the properties, stopping by the property when we were out of town, providing vendors, market data, and valuable information was above and beyond our experiences with larger companies. On the flip side your constant communication and navigating hundreds of interested investors was a breath of fresh air. We are grateful for our decision to work with you and elated to provide a testimonial in hopes others will follow in our footsteps and build a relationship with you as well.
Sean Dreznin has been wonderful to work with. As an investor, I have work with Sean on the buying and selling end. I have nothing but great things to say about him. He is knowledgeable, smart, sharp, pays attention to detail and most importantly honest and easy to work with. He is relentless with his follow up and vigilant representation. I look forward to working with him on deals to come.
We just wanted to thank Sean Dreznin again for the great job he did selling this property for us. From marketing, to showings, to negotiations on three different contracts, to resolving issues that inevitably come up in real estate transactions during the due diligence and closing process – you did it all and we could not have asked you to do it any better. You were diligent, persistent, intelligent, and caring and we were extremely impressed. Given that we are in the commercial real estate business and deal with all calibers of real estate professionals daily, we would rank you as one of the best we have dealt with, and we don’t impress easily!
Thekla & Terry Salzman, Salzman Real Estate AdvisorsSarasota development sells for $5.1 million
by: Ryan Butler News Innovation Editor via YourObserver.com
“Saulstars Court, a 54-unit multifamily home complex in Sarasota, sold for $5.1 million on July 26, more than 10% above the initial asking price.
Sean Dreznin handled the transaction on behalf of Lat’s Development Inc. There were 11 offers on the property within four days, which Dreznin said is the latest sign of the strong demand for multifamily homes in the region.
“There’s not a lot of quality assets that come available in such a highly desirable area,” Dreznin said. “When they do, there’s no shortage of attention.”
The Gables at Honore won its bid for the development, located at 3400 Tyne Lane in Sarasota, south of the intersection of Honore Avenue and Webber Street, purchasing it for more than 10% above the original asking price of $4.6 million. The deal was a non-financing contingency all-cash deal.
“People we’re doing everything to get the property,” Dreznin said.
“While they loved the property, it just made sense to them to cash out,” Dreznin said. “They realized it was a good market.”
Dreznin said the higher-than-expected asking price for this property is the latest indicator of the demand for multifamily units like these in Sarasota.
“The market has been strong for a while and multifamily is one of those asset classes in commercial that leads the pack and has for a while,” Dreznin said. “There’s not a lot of qualify assets out there. If it’s priced right it will trade pretty quickly.”
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“I worked with Sean on the purchase of investment properties in Tampa for several years. He is very knowledgeable about both the neighborhoods and the numbers. With Sean, you’re in good hands. ”
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