On July 17, 2012, Gideon Gratsiani acquired Ulmerton Center in Clearwater, Florida
On July 17, 2012, Gideon Gratsiani, foreclosure expert, purchased Ulmerton Center in Clearwater Florida for $1,852,000. The property is an approximately 16,000 square foot shopping center, anchored by Five Guys Burgers. Taking the role of stalking horse bidder, Gideon won the property at a bankruptcy auction. The property initially fell into foreclosure when the developer defaulted on a mortgage provided to him by Stearns Bank.
CRE PRO and Gideon Gratsiani are professionals and experts at foreclosure acquisitions, as well as residential and commercial real estate. Gideon Gratsiani has decades of experience in commercial property foreclosures such as Office, Retail, Multi-Family, Industrial, and Hotels from owners with financial distress.
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