Tuesday 1 September 2020

David Werner misses deposit deadline on $300M deal with All Year

All Year Management’s months-long effort to sell a $300 million Brooklyn multifamily portfolio has hit another snag — and bondholders in Israel are spooked. Yoel Goldman’s firm disclosed Sunday on the Tel Aviv Stock Exchange the buyer of the portfolio, had yet to pay the remainder of the deposit for both stages of the deal. That $6.5 million sum was due on Aug. 27. The buyer — undisclosed in Tel Aviv Stock Exchange filings —



source https://therealdeal.com/2020/09/01/david-werner-misses-deposit-deadline-on-300m-deal-with-all-year/

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