CNBC is adding some real estate to its primetime lineup. The NBCUniversal-owned business network today announced The Deed, an eight-episode original series that looks at how fortunes really are made in the unpredictable and cutthroat world of real estate flipping and development.
Slated to premiere March 1, the Cineflix-produced series features Sidney Torres and Sean Conlon, two savvy multimillionaire real estate moguls who have done more than half a billion dollars in property deals between them. They come to the aid of struggling property investors in dire need of help. Ranging from family homes to multi-unit developments, the projects are failing, and the investors are on the brink of financial ruin. Torres and Conlon will use their own money to infuse the projects with cash and offer their years of expertise to help people faced with losing everything.
The Deed will follow Torres in New Orleans and Conlon in Chicago as they stop at nothing to pull these properties out of the red, even if that means firing contractors, rolling up their sleeves and doing the work themselves.