The owner of nine Greenpoint rental buildings narrowly escaped foreclosure Wednesday after closing on the $27 million sale of eight of the properties to Black Spruce Management, sources told The Real Deal. The distressed properties were notably at the center of a $150 million lawsuit from 2015 in which the owner, Sylvester Smolarczyk’s SMK Property Management, accused Madison Realty Capital of predatory lending practices. A Kings County Supreme Court judge dismissed the suit in September.