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Loan Sales Opportunity for $540 Million Loan and Real Estate Portfolio

Tuesday, September 15, 2015

$540 Million Loan and Real Estate Portfolio HFF is proud to exclusively offer investors a $540 Million Loan and Real Estate portfolio (the "Portfolio") consisting of 317 commercial mortgage loans of varying performance levels (the "Loans") and 114 commercial properties (the "Properties"). The underlying collateral and Properties consist of commercial and residential assets, commercial real estate loan sales and mixed use properties, which are located throughout the United States.

Sales Loan Investment Benefits


Asset and Geographic Diversity:

The Portfolio consists of 214 borrowing relationships totaling 317 loans, with a total principal balance of $248.4 million and an average balance of approximately $783,000. The Portfolio also contains 114 REO assets with a total balance at foreclosure of $292.8 million.

Primary collateral and asset types include: office, retail, multifamily, industrial, hotel/motel, CRE other, residential and land, and mixed use properties. The Properties and underlying collateral are located throughout the US in 32 different states, minimizing asset or market specific risk. The largest concentration of credits in the Portfolio are located in North Carolina (19 percent), followed by Florida (15 percent), Georgia (12 percent) and Pennsylvania (8 percent). By UPB, Florida has the largest concentration in the portfolio (13.2 percent), followed by Georgia (13 percent) and Pennsylvania (7 percent).

Performing and Sub-Performing Loan Sales Pool:

There are 90 performing and sub-performing loans within the Portfolio. The Loans have a UPB of $91.5 million, an average balance of approximately $1,017,000, a weighted average coupon of 4.9 percent and a weighted average remaining term of 32 months. The collateral for the performing pool consists of office, retail, multifamily, industrial, hotel/motel, CRE other, residential and land. The largest concentration of credits by UPB in the performing loan pool are located in Florida (28 percent), followed by Idaho (17 percent), Georgia (12 percent) and North Carolina (10 percent).

Non-Performing Loan Sales Pools:

There are 227 non-performing loans in the Portfolio with an average UPB of approximately $691,000 that have been divided into four (4) geographic sub-pools. Many of these Loans have undergone legal proceedings and are nearing resolutions or foreclosure. The underlying collateral for the non-performing pool consists of office, retail, multifamily, industrial, hotel/motel, CRE other, residential and land. The largest concentration of credits by UPB in the pool are located in Florida (21 percent), followed by Alabama (15 percent), New York (10 percent) and Wisconsin (9 percent).

Real Estate Pools:

There are 114 Properties in the Portfolio that have an average UPB at the time of foreclosure of $2.6 million that have been divided into six (6) sub-pools based on geography and asset type. The Properties consists of office, retail, multifamily, CRE other, residential and land and mixed use properties. The largest concentration of assets in the pool are located in Georgia (18 percent), North Carolina (15 percent), Florida (11 percent), Pennsylvania (7 percent), South Carolina (7 percent) and Wisconsin (7 percent).

If you are looking for mixed-use properties for sale across the United States and want more information on the $540 Million Loan & Real Estate Portfolio, please contact our Dallas or Chicago office.





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