CRE/ADC Venture 2012-1 LLC
Date Sold: December 11, 2012
| Bidder | Bid $ | Structure | Leverage |
|---|---|---|---|
| Winning bid and bidder: | 27,746,429 | LLC, 40% equity | 1:1 |
| Cover Bid: | 27,234,961 | LLC, 20% equity | N/A |
| Other Bid: | 116,655,212 | Cash sale | N/A |
| Other Bid: | 21,238,000 | LLC, 20% equity | N/A |
Other Bidder Names & Locations:
LNV Corporation (Beal Bank)
Capital Asset Management
Notes:
- The Other Bidder Names and the Other Bids are in random order. There is no linkage between bidder names and bids, except in the case of the winning bid and the cover bid.
- The cover bid is the best bid after excluding all bids submitted by the winning bidder.
- For more information on the bid disclosure policy, see www.fdic.gov/about/freedom/biddocs.html