Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Asset Sales

Bid Summary

Corus Construction Venture, LLC
Date Sold: October 16, 2009

BidderBid $Comments
Winning bid:
Northwest Investments, LLC (Starwood)
550,940,484Leveraged
Cover Bid:
Northwest Operating Company LLC (The Related Companies LP)
450,200,000Leveraged
Other Bid:450,000,000Leveraged
Other Bid:442,447,168Leveraged
Other Bid:407,200,000Leveraged
Other Bid:405,000,000Leveraged
Other Bid:400,000,000Leveraged
Other Bid:379,200,000Leveraged
Other Bid:368,000,000Leveraged
Other Bid:351,000,000Leveraged
Other Bid:303,764,893Leveraged
Other Bid:262,251,000Leveraged

Other Bidder Names:

ABCW Music LLC (Westbrook/Blackrock)
Beal Bank
Best Global Investments LLC (Kingston/LMD)
CIM Fund III Acquisition LLC
Crescent Heights Tri Portfolio LLC
ICDJ Acquisition LLC

Notes:

  • There are more bids than bidders because one or more bidders submitted more than one bid.
  • 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 second 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.

Last Updated: June 23, 2015