NADA Success Story – 2

NADA Success Story

With equity costs increasing and the lending market increasingly inefficient, a top dealer sought a market alternative.

Legacy provided a quick close solution to recapitalize the dealer through a Sale-Leaseback of 2 Hyundai Stores, a retail property, and a Collision Center in Massachusetts.

"Legacy was a great partner in helping us continue our growth by offering exceptional terms and streamlined closing process. The team at Legacy truly understands how to partner with Dealers.”
Matt McGovern
CEO of McGovern Auto Group

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NADA Success Story

NADA Success Story

With equity costs increasing and the lending market increasingly inefficient, a top dealer sought a market alternative.

Legacy provided a quick close solution to recapitalize the dealer through Sale-Leaseback of 1 Kia store outside New York City and 1 CDJR store outside Albany, NY. 

"We continue to be focused on expanding our dealership network and Legacy offered a way to provide us with a competitive advantage in the Buy/Sell marketplace by unlocking the value in our real estate. Legacy offered the most competitive terms by a significant margin and was able to execute and close quickly. We look forward to partnering with them on future deals”
Brian Dennis
CEO of Dennis and Co.

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