
The Multifamily Hour Podcast
#351: Buying a 12-Unit After a Jury Trial and a Supreme Court Appeal with Jeff Duchesne
Axel sits down with Jeff Duchesne for a deal-segment deep dive into one of the wildest closings in the show's history β a 12-unit, 1980-built Manchester, NH property that took five years, a three-day jury trial, and a New Hampshire Supreme Court appeal to actually close. This episode is essential listening for any investor who wants to understand what happens when a seller tries to walk away from a signed PSA, what it actually looks like to litigate a real estate contract dispute to the finish line, and why the appreciation that occurred during the delay ultimately made the fight worth it many times over. Join us as we dive into: How Jeff sourced a 12-unit property (two 6-unit buildings built in 1980 with 20+ parking spaces) through a wholesaler. Why the sellers β two successful out-of-state businessmen β tried to back out of the Purchase and Sale Agreement (PSA). The five-year legal process: placing a lien on the property, enduring a high-stakes three-day jury trial, and winning an appeal in the New Hampshire Supreme Court. The strategic decision-making and settlement offers weighed the night before the jury verdict. How market appreciation between 2021 and the eventual closing date turned a good deal into a home run. How Jeff navigated the financing delay, including keeping the same lender who testified on his behalf in court. The immediate post-closing strategy: direct, transparent communication with existing tenants to adjust below-market rents while maintaining full occupancy. Connect with Jeff Duchesne: Contact: 603-819-3183 Follow him on Instagram Connect with him on Linkedin Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on Linkedin Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

