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

Multibank 2009-1 RES-ADC Venture, LLC
Date Sold: February 9, 2010

BidderEastern (E) U.S. Pool Bid in $Central (C) U.S. Pool Bid in $Western (W) U.S. Pool Bid in $Combo Bid TypeCombo Bid $Combo bidComments
Winning bid:
Rialto Capital Management, LLC / Lennar
   E,C,W171,533,385YesLeveraged
Cover Bid:
Mariner Real Estate Partners LLC
   C, W55,297,845YesLeveraged
Cover Bid:
Varde Management, LP
76,820,850 23,955,770   Leveraged
Other Bid:    167,956,578YesNon-Conforming
Other Bid:   E,W134,156,736YesLeveraged
Other Bid:   E,C121,330,232YesLeveraged
Other Bid:   E,C,W115,603,241Yes 
Other Bid:   E,W102,421,529YesLeveraged
Other Bid:   E,W84,529,442Yes 
Other Bid:   E,C81,372,419Yes 
Other Bid:   E,C,W76,618,233YesLeveraged
Other Bid:   C, W70,211,266YesLeveraged
Other Bid:   E,C,W65,425,735Yes 
Other Bid:   E,C,W60,236,699Yes 
Other Bid:   C, W49,553,879Yes 
Other Bid:   E,C47,588,954Yes 
Other Bid:   E,C43,664,816Yes 
Other Bid:  22,800,000   Leveraged
Other Bid:36,093,768      
Other Bid:38,653,610      
Other Bid:  22,000,000    
Other Bid:  24,500,000    
Other Bid:  21,505,338    
Other Bid:  29,095,488    
Other Bid: 8,273,719    Leveraged
Other Bid: 22,733,97032,042,955   Leveraged
Other Bid:54,332,64121,997,31626,091,036    
Other Bid:  13,915,220   Leveraged
Other Bid:  22,988,844    
Other Bid:92,637,85128,692,38141,518,885   Leveraged
Other Bid:  8,700,000    
Other Bid:  11,700,000   Non-Conforming
Other Bid:66,837,468     Leveraged

Other Bidder Names:

Affilion Capital Management LLC / Reeb
Asset Management Services Enterprises
Ayres Advisors, LLC
Colony Capital Acquisitions, LLC
Fortress Invesment / Encore Capital
JLM Financial Investments
Mariner Real Estate
Milestone Merchant Partners LLC / Oaktree Capital Management
Pacifica Enterprises
Rialto Capital Management, LLC / Lennar
Sequoia Debt Ventures
Starwood Capital Group
Varde Partners

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 bids.
  • 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 25, 2015