It depends. I can't say for this case. In general though there's the situation of "unwilling seller". They aren't necessarily bankrupt. Usually they have had a

It depends. I can't say for this case. In general though there's the situation of "unwilling seller". They aren't necessarily bankrupt. Usually they have had ample opportunity to sell themselves but for whatever (usually irrational) reasons have not. They often are not cooperative in the sale process. Administrators are much more likely to be cooperative, but even then there is added risk because the seller won't be around to address latent defects. And you can assume other debts against the building (like taxes) may exist. Obviously the specifics will be jurisdiction dependent.