What is a 'simultaneous closing' (or 'double closing') in commercial real estate and what makes it more complex than in residential deals?
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A
Closing two unrelated properties on the same day for the same buyer
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B
A back-to-back transaction where an investor closes purchase and resale on the same day using the end buyer's funds
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C
A co-ownership arrangement where two buyers close simultaneously
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D
A lender requirement to close two loans at the same time