Novak Forney & Associates, LLC is a multi-service commercial real estate firm with expertise in all sectors of the industry. Our firm is built upon the principles of honesty, integrity, teamwork and dedication to creating value for our clients. These core principles have led to long-term relationships with retailers, property owners, communities, lenders, joint venture partners and investors.
The method describes the purchase of sale of an unlisted investment property, which takes place, or is negotiated, outside of a formal marketplace. The transaction is negotiated in a private environment that is controlled by the seller and or broker. When a property is said to have traded "off market", there is certain secrecy or privacy about the transaction, which is not for public knowledge: The property was sold off market as a private transaction.