Plymouth Meeting, PA, March 18, 2020 – Equity Retail Brokers represented North Carolina-based Live Oak Bank in the sale of a mixed-use foreclosure property on the outskirts of the borough of Oxford, Chester County, PA. Although unforeseen circumstances delayed the sale by over a year, the agents of Equity Retail Brokers were able to keep this process moving and push the deal to closing.
Through the company’s extensive broker and investor database, Equity Retail Brokers was able to provide Live Oak Bank with multiple offers to consider. The buyer was ultimately generated through Equity’s successful marketing strategy, wide reach of buyers, and standout sign. David Laiter, George Wisnoski, and Ed Ginn were the lead agents on this deal.
Equity Retail Brokers is the Mid-Atlantic region’s preeminent bank brokerage firm. The company represents four national banks in the disposition of closed branches and has multiple listings from independent and institutional owners. Equity Retail Brokers has several vacant and active bank listings throughout PA, NJ, & DE.
If you would like more information about this transaction, available properties, or investment sales services, please contact David Laiter at 484.482.2550, dlaiter@equityretailbrokers.com.