Client Testimonials
I retained Novo Commercial Properties to list and market my hotel in San Diego. Before my property was even mass marketed, Robert Garmo brought in a qualified buyer who offered full asking price. Robert worked directly with the buyer and his agent to ensure there was no disruption in business. When the buyer ran into some difficulties with the loan application, Robert began communicating directly with the lender and convinced the underwriters to approve the loan.
I listed my strip center with Novo Commercial Properties. This was a complicated transaction because it included multiple franchises, ABC license, lottery license, and gas station. Robert worked with the buyer and his agent in all facets of the transaction. While in escrow, Robert helped me locate suitable properties for my exchange.
I retained Novo Commercial Properties to represent me in acquiring a new hotel outside of California, through a strategy of lease with an option to buy. This strategy pretty much guaranteed that I could complete my 1031 exchange on my own time and my own terms. Robert was instrumental in handling the process from A to Z.
I retained Novo Commercial Properties to represent me in acquiring a new hotel outside of California. The seller wanted to close quickly using an All Inclusive Trust Deed (AITD). I was about to execute the purchase agreement, but after I retained Novo, Robert reviewed the Seller’s loan documents and concluded that the AITD would trigger the acceleration clause and the due on sale clause. Although Novo was in a position to make a commission from this transaction, Robert recommended against this acquisition strategy given the potential acceleration of the loan. I was thankful that Robert Garmo put my interests first before his.
I retained Novo Commercial Properties to represent me in acquiring a new hotel outside of California. The seller wanted to close quickly using an All Inclusive Trust Deed (AITD). I was about to execute the purchase agreement, but after I retained Novo, Robert reviewed the Seller’s loan documents and concluded that the AITD would trigger the acceleration clause and the due on sale clause. Although Novo was in a position to make a commission from this transaction, Robert recommended against this acquisition strategy given the potential acceleration of the loan. I was thankful that Robert Garmo put my interests first before his.
