QuickLiquidity Pays $460K for a 2.53% Partial Interest in a 199-Unit Apartment Community

Boca Raton, FL, Jan 16, 2018: QuickLiquidity, an opportunistic real estate private equity firm investing in commercial real estate nationwide, has announced that for $460,000 it has purchased a 2.53% partial interest in a real estate partnership that owns a 199-unit apartment community in Fairfax, VA. The seller inherited the partial interest over 30 years ago and was seeking an immediate exit strategy from their illiquid and non-controlling interest.


“What we love about this property is its historical occupancy, steady income and the continued growth in the Fairfax area real estate market”, said A. Yoni Miller, Principal of QuickLiquidity. “We have a tremendous amount of experience with purchasing and lending against partial interest positions in commercial real estate partnerships which allows us to understand and close complicated transactions quickly.”

The seller received a written offer from QuickLiquidity within only days of submitting information about the property and the partnership. Once the offer was signed by the seller it took around three weeks for the sale to be finalized. QuickLiquidity worked with the seller and the managing members of the partnership to ensure the transfer was in full compliance with the partnerships operating agreement.

By QuickLiquidity coming in as a new passive investor the seller was able to receive immediate liquidity without having to wait until the partnership decides to sell the property, which might not occur for many years.

QuickLiquidity explains that some of the reasons an investor might want to sell their partial interest is either a personal cash-flow pinch, a diversion of interests between the investors, or to simplify the investors tax return and estate planning.

When life presents unpredictable situations and liquidity is needed, partial interest owners can turn to QuickLiquidity for an immediate exit strategy. QuickLiquidity is a direct buyer and lender against partial interest positions in commercial real estate LLCs, LPs, TICS, and DSTs.

More recent press releases

commercial real estate office building
Aug 20th, 2024
QuickLiquidity Closes $500,000 1st Mortgage Cash-Out Refinance on a Single Family Rental in Sarasota, FL
Read More
apartment community
August 6th, 2024
QuickLiquidity Closes $1,000,000 Cash-Out Refinance on 19-Unit Apartment Building in Arlington, VA
Read More
commercial real estate apartment community
June 25th, 2024
QuickLiquidity Closes $250,000 Cash-Out Refinance on a Single Family Home in Dallas, TX
Read More

Get our announcements delivered right to your inbox

OR

Learn about
our loan programs

Helping our borrowers with time-sensitive and complex transactions is at the
heart of what we do every day, and we have a successful track record to prove it.

pie chart loans
Loans on LP & GP Interests

Unlock your equity without selling your ownership interest

Whether you are a passive investor in a commercial real estate syndication or the managing member who put it all together, we can provide you with immediate liquidity.

Learn more
alt text
Subordinated Debt

Get quick cash without refinancing your mortgage

Do you have a low-leveraged property? Take out a second mortgage or mezzanine financing to unlock your trapped equity, all without refinancing your existing first mortgage.

Learn more
vault image

No Appraisals

We underwrite your property ourselves.

No Credit Checks

We believe you are more than a number.

No Upfront Fees

No fees required to receive a term sheet.

Closing in 5 days

You read that right, we are lightning fast.

Bridge Loans

Getting a bridge loan sucks. We’re here to change that.

We’ve streamlined the entire bridge loan process to eliminate unnecessary fees and time-wasting procedures. You can finally get an affordable bridge loan in one week.

  • Lending Nationwide

  • Up to 65% LTV

  • Loans $500K - $5MM

Learn more