A co-op building wants only all-cash offers. Is that a red flag?

… restriction like this is legal and could indicate that the coop is looking for financially secure buyers our experts … But it could also mean the building has financial issues  Coop boards at highend buildings may restrict financing to … June 2024 … A hard sell … Purchasing in such an exclusive coop may deliver a greater sense of security to shareholders …

By Celia Young |June 17, 2024 - 12:00PM