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Asset Sales

Joint Venture Transactions

Joint venture transactions are the sale of equity interests in newly formed entities through the use of private/public partnerships. These transactions utilize the asset management expertise of the private sector while the FDIC as receiver retains an equity (or in some cases a participation) interest in all future cash flows generated by the workout of the assets over time. Future expenses and income are shared based on the percentage of ownership of the private sector equity partner and the FDIC as receiver.

To see key sale date transaction documents, click on the "Documents" link below the Sale ID.

To see Financing Information for Sales that were financed, click on the "Financing Information" link below the Sales ID.

Click arrows next to headers to sort in Ascending or Descending order.

Sale IDDate SoldLoan TypeQuality# of LoansBook Value (Millon)% of Equity SoldPrice Paid for Equity (Millon)LeverageImplied Value of Managing Partner EquityWinning BidderAddress
SIG RCRS A/B MF 2023 Venture LLC
Documents
December 20, 2023Rent Controlled/Rent Stabilized MultifamilyPerforming and Non-Performing1,370$9,01620%$1,086N/A60.2%Santander Bank, N.A. (SBNA Investor LLC)75 State St., Boston, MA 02109
SIG RCRS C MF 2023 Venture LLC
Documents
December 15, 2023Rent Controlled/Rent Stabilized MultifamilyPerforming and Non-Performing664$4,3055%$129N/A60.1%Community Preservation Corporation (Sig-23 Private Owner LLC)220 East 42nd St., 16th Fl, New York, NY 10017
SIG RCRS D MF 2023 Venture LLC
Documents
December 15, 2023Rent Controlled/Rent Stabilized MultifamilyPerforming and Non-Performing204$1,4905%$42N/A56.0%Community Preservation Corporation (Sig-23 Private Owner II LLC)220 East 42nd St., 16th Fl, New York
SIG CRE 2023 Venture LLC
Documents

Financing Information
December 14, 2023Commercial Real EstatePerforming and Non-Performing2,670$16,80920%$1,2101 to 172.0%Blackstone Inc. (Hancock JV Bidco LLC)c/o Blackstone Real Estate, 345 Park Ave., New York, NY 10154
CRE/ADC VENTURE 2013-1, LLC
Documents

Financing Information
October 17, 2013CRE/ADCPerforming and Non-performing415$19920%$23N/A56.63%Colony Capital (ColFin 2013-1 CRE ADC Holdco, LLC)c/o Colony Capital LLC, 2450 Broadway, 6th Floor, Santa Monica, CA 90404
CRE/ADC VENTURE 2012-1, LLC
Documents

Financing Information
December 11, 2012CRE/ADCPerforming and Non-performing493$29140%$281 to 148.5%Colony Capital Advisors (ColFin 2012-1 CRE ADC Funding, LLC)c/o Colony Capital LLC, 2450 Broadway, 6th Floor, Santa Monica, CA 90404
2012-SIP-1 Venture, LLC
Documents
October 18, 2012CRE/ADCPerforming and Non-performing93$16625%$24N/A57.5%Tennessee Loan Acquisition Venture, LPc/o Sabal Financial Group, L.P. 4675 MacArthur Court, Suite 1550 Newport Beach, CA 92660
2011-SIP-2 Venture, LLC
Documents

Financing Information
January 11, 2012CRE/Commercial ADC/ Residential ADCSub/Non-performing62$10125%$14N/A53.8%Mariner Real Estate Partners III, LLCc/o MREC Funding, LLC, 4200 W. 115th Street, Ste 100, Leawood, Kansas 66211
ADC VENTURE 2011-2, LLC
Documents

Financing Information
December 20, 2011Commercial ADC and Residential ADCSub/Non-performing102$19640%$13N/A16.9%Oak Tree Capitalc/o Sabal Financial Group, L.P. 4675 MacArthur Court, Suite 1550 Newport Beach, CA 92660
CRE VENTURE 2011-2, LLC
Documents

Financing Information
December 13, 2011Commercial Real EstateSub/Non-performing311$35940%$271 to 138.8%Colony Capital Advisors (Colfin 2011-2 CRE Funding, LLC)c/o Colony Capital LLC 2450 Broadway, 6th Floor, Santa Monica, CA 90404
SFR VENTURE 2011-1, LLC
Documents

Financing Information
September 1, 2011Single Family ResidentialSub/Non-performing1,453$28240%$281 to 149.1%MountainView Public Private Investment I, LLC999 18th Street, Suite 1001 Denver, CO 80202
CADC/RADC 2011-1 VENTURE LLC
Documents

Financing Information
August 24, 2011Commercial ADC and Residential ADCSub/Non-performing508$38650%$301 to 131.7%Acorn Loan Portfolio Private Owner VI, LLC (OakTree)c/o Sabal Financial Group, L.P. 4675 MacArthur Court, Suite 1550 Newport Beach, CA 92660
CRE VENTURE 2011-1, LLC
Documents

Financing Information
August 10, 2011Commercial Real EstateSub/Non-performing758$60740%$651 to 155.0%Colony Capital Acquisitions, LLCc/o Colony Capital LLC 2450 Broadway, 6th Floor, Santa Monica, CA 90404
2011-SIP-1 RADC Venture, LLC
Documents

Financing Information
August 4, 2011Residential ADCSub/Non-performing97$13925%$15N/A43.0%HRC SVC Pool II Acquisition LLCc/o Hudson Realty Capital LLC, 250 Park Avenue South, Third Floor New York, NY 10003
2011-SIP-1 CRE/CADC Venture, LLC
Documents

Financing Information
August 4, 2011Commercial Real Estate and Commercial ADCSub/Non-performing116$15825%$26N/A64.9%Acorn Loan Portfolio Private Owner IV, LLCc/o Sabal Financial Group, L.P. 4675 MacArthur Court, Suite 1550 Newport Beach, CA 92660
RADC/CADC 2010-2 Venture, LLC
Documents

Financing Information
January 27, 2011Residential/ Commercial ADCSub/Non-performing1,505$81750%$481 to 124.1%Colony Capital Advisors (Colfin 2011 ADC Funding, LLC)2450 Broadway, 6th Floor Santa Monica, CA 90404
North CRE 2010-2 Venture, LLC
Documents

Financing Information
December 15, 2010Commercial Real EstateSub/Non-performing557$20440%$111 to 127.5%Colony Capital Acquisitions, LLC2450 Broadway, 6th Floor Santa Monica, CA 90404
West CRE 2010-2 Venture LLC
Documents

Financing Information
December 15, 2010Commercial Real EstateSub/Non-performing198$13740%$161 to 161.2%Colony Capital Acquisitions, LLC2450 Broadway, 6th Floor Santa Monica, CA 90404
West RADC 2010-2 Venture LLC
Documents

Financing Information
December 7, 2010Residential ADCSub/Non-performing761$27940%$121 to 122.7%Cache Valley Bank101 North Main Street Logan, Utah 84321
South CRE Venture 2010-2, LLC
Documents

Financing Information
December 2, 2010Commercial Real EstateSub/Non-performing110$10240%$41 to 118.3%Hudson Realty Capital Fund V LPc/o Hudson Realty Capital LLC, 250 Park Avenue South, Third Floor New York, NY 10003
2010-3 SFR VENTURE, LLC
Documents

Financing Information
November 30, 2010Single Family ResidentialSub/Non-performing3413$60340%$421 to 135.0%RoundPoint Mortgage Servicing Group5032 Parkway Plaza Boulevard, Suite 200, Charlotte, NC 28217
2010-1 RADC/CADC VENTURE, LLC
Documents

Financing Information
August 26, 2010Residential/ Commercial ADCSub/Non-Performing1,062$76240%$521 to 134.7%Mariner Real Estate Partners, LLCC/O MREC Funding, LLC, 4200 W. 115th Street, Ste 100, Leawood, Kansas 66211
AMT CADC VENTURE, LLC
Documents

Financing Information
July 21, 2010Commercial ADCSub/Non-Performing279$1,70340%$1371 to 140.8%PMO Loan Acquisition Venture, LLC (OakTree Capital)C/O Milestone Asset Resolution Company, LLC, 1775 I Street, 8th Floor, Washington, DC 20006
AMT NP SFR VENTURE, LLC
Documents

Financing Information
July 9, 2010Single Family ResidentialNon-Performing3,755$89840%$661 to 137.4%RCS/RBS/Carval4282 N. Freeway, Fort Worth, TX 76137
2010-1 CRE VENTURE, LLC
Documents

Financing Information
July 2, 2010Commercial RESub/Non-performing1,660$1,84940%$2181 to 159.9%Colony Capital Acquisitions, LLC2450 Broadway, 6th Floor, Santa Monica, CA 90404
2010-2 SFR VENTURE, LLC
Documents
June 25, 2010Single Family ResidentialSub/Non-performing1,456$31450%$281 to 135.4%Turning Point Asset Management, LP2180 Garnet Avenue, Suite 2E, San Diego, CA 92109
2010-1 SFG VENTURE LLC
Documents

Financing Information
May 18, 2010Commercial RE, Construction and ADCSub/Non-performing57$42140%$681 to 182.3%Square Mile Capital LLC450 Park Avenue, Fourth Floor, New York, NY 10022
MULTIBANK 2010-1 SFR VENTURE, LLC
Documents

Financing Information
April 1, 2010Single Family ResidentialSub/Non-performing3,373$49150%$342 to 141.8%Roundpoint Capital Group5032 Parkway Plaza Blulevard, Suite 200, Charlotte, NC 28217
MULTIBANK 2009-1 CML-ADC VENTURE, LLC
Documents

Financing Information
February 9, 2010Commercial ADCSub/Non-performing345$79940%$721 to 145.7%Rialto Capital Management LLC700 NW 107 Avenue, Suite 400, Miami, FL 33172
MULTIBANK 2009-1 RES-ADC VENTURE, LLC
Documents

Financing Information
February 9, 2010Residential ADCSub/Non-performing5,166$2,25340%$1721 to 138.6%Rialto Capital Management LLC700 NW 107 Avenue, Suite 400, Miami, FL 33172
MULTIBANK 2009-1 CRE VENTURE, LLC
Documents

Financing Information
January 7, 2010Commercial Real EstateSub/Non-performing1,184$1,02840%$911 to 144.7%Colony Capital Acquisitions LLC2450 Broadway, 6th Floor, Santa Monica, CA 90404
CORUS CONSTRUCTION VENTURE, LLC
Documents

Financing Information
October 16, 2009Commercial ConstructionSub/Non-performing101$4,40240%$5511 to 161.9%Starwood (Northwest Operating Company) LLC60 Columbus Circle, 18th Floor, New York, NY 10023
FRANKLIN VENTURE, LLC
Documents

Financing Information
September 30, 2009Single Family ResidentialSub/Non-performing5,475$1,32050%$646 to 164.8%Residential Credit Solutions, Inc.4282 N. Freeway, Fort Worth, TX 76137
INDYMAC VENTURE, LLC
Documents
March 19, 2009Consumer Construction, Homebuilder Construction, Lot LoansSub/Non-performing3,044$1,65220%$54N/A16.4%OneWest Ventures Holdings LLC888 East Walnut Street, Pasadena, CA 91101-7211
FNBN-CMLCON I LLC
Documents
February 20, 2009Commercial ConstructionSub/Non-performing147$70220%$41N/A29.2%Diversified Business StrategiesSGH FNB Ventures, LLC, c/o Sorenson Group Management, LLC, 4393 Riverboat Rd, Ste 450, Salt Lake City, UT 84123
FNBN-RESCON I LLC
Documents
February 5, 2009Residential ConstructionSub/Non-performing520$73320%$32N/A22.0%Stearns BankFNBN RESCON I LLC, 4191 2nd Street South, St. Cloud, MN 56301
ANB VENTURE, LLC
Documents
January 12, 2009ADCSub/Non-performing1,112$1,12020%$20N/A9.0%Kingston Management Servicesc/o KMS SPE, LLC, 477 Shoup Ave., Ste. 207, Idaho Falls, ID 83402
FNBN I, LLC
Documents
December 29, 2008Single Family ResidentialSub/Non-performing2,829$55820%$43N/A38.6%PennyMacPNMAC Mortgage Co., 27001 Agoura Rd, Ste 350, Calabasas, CA 91301
MSMC VENTURE, LLC
Documents
May 6, 2008Single Family Construction & Lot LoansSub/Non-performing798$14640%$19N/A32.8%Gulf Coast Bank & Trustc/o Gulf National One, LLC 200 St. Charles St., New Orleans, LA 70130

Last Updated: June 7, 2024