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Philly area real estate professionals helped arrange $45 million of questionable deals for dozens of buildings near Temple University

In 52 settled or still-pending sales over roughly the last year, apartment buildings were listed for sale at an average price of $450,000, but found no takers. Within days of being re-listed for a higher price, the same properties sold for as much as $905,000 — at least on paper — to buyers who took out mortgages that far exceeded the original asking price.
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