Bid Date: September 14, 2022 5:00 PM EST
MIAC Analytics is pleased to announce the offering of commercial real estate loans. The seller is a well-capitalized and experienced commercial real estate bridge lender. The bid is requested to contain all advances, including corporate, escrow and interest. Bids are due September 14th, 2022. Additional deal specific information is available upon execution of an NDA.
Investment Opportunity:
- Collateral Type: Industrial/Warehouse
- Current UPB: $7,100,000
- Appraised Value: $10,300,000
- WAC: 10% (Prime + 4.5%) – Adjustable
- Loan Count: 1
- Geography: Wilmington, NC
- Preferable Deal Structure – Service Retained with a Servicing Strip, Seller will provide a first loss provision for additional credit enhancement
- Service Released offers will be considered
- Seller is well capitalized and experienced in managing commercial loans
Find out more
Learn more about MIAC Whole Loan Sales & Brokerage
Contact
For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250
Steve Harris
Managing Director, MIAC Capital Markets
(908) 400-2615
Steve.Harris@miacanalytics.com
Nicholas Dorn
SVP, Whole Loan Sales, Trading
(561) 346-6814
Nicholas.Dorn@miacanalytics.com
Share this Post
