Portfolio Disposition

The New Jersey Chancery Court appointed Gagliano & Company as Real Estate Consultant in the disposition of the $350+ million multi-state Dwek portfolio.

Gagliano & Company inspected over 200 properties, reviewed existing appraisals and property records, independently valued the properties, offered fairness opinions, and advised the receiver and the court in their negotiations for the sale of the properties.

The process started under the Chancery Court was later interrupted by an involuntary bankruptcy action forced by one of the creditors. Many of the properties under contract at the time of the bankruptcy filing remain unsold today.