214.358.3975 jay@annandaleco.com

Annandale Auctions KFC Restaurants in Michigan

Annandale Real Estate was recently contracted by a special servicer to dispose of two Kentucky Fried Chicken locations in the Detroit, MI market.  Annandale, with assistance from  local auction house Masterbid, Inc., successfully auctioned the properties allowing the servicer to recoup its losses.  Both properties were acquired by one franchisee.  In order to complete the sale, Annandale had to coordinate efforts on the part of KFC, the borrower and the servicer.