Asheville Board of Realtors purchase of Montford property

The Asheville Board of Realtors spent $2.1 million to buy a building on Montford Avenue for new offices. The April 7, 2009, purchase has rankled some members of the organization, who say they had no idea the board had such deep reserves and shouldn’t be spending that much money in a down real estate market.

Click here to download a PDF of the deed of the property transaction.

Click here to download a PDF of the Asheville Board of Realtors’ IRS 990 form for the 2007 fiscal year.

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