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Asset Sales

Bid Summary

SIG RCRS D MF 2023 Venture LLC
Date Sold: December 15, 2023

BidderRC/RS Pool 7 Bid $RC/RS Pool 8 Bid $RC/RS Pool 9 Bid $RC/RS Pool 7 & 8 Linked Bid $RC/RS Pool 7 & 9 Linked Bid $RC/RS Pool 8 & 9 Linked Bid $All Pools - 7, 8, & 9 Linked Pool Bid $StructureLeverage
Winning Bid:
Sig-23 Private Owner II LLC (Community Preservation Corporation)
      41,711,436LLC, 5% equityN/A
Cover Bid:         
Other Bid:12,247,610      LLC, 5% equityN/A
Other Bid:10,130,024      LLC, 5% equityN/A
Other Bid:8,404,235      LLC, 5% equityN/A
Other Bid:11,693,557      LLC, 5% equityN/A
Other Bid:11,804,088      LLC, 5% equityN/A
Other Bid:7,339,955      LLC, 5% equityN/A
Other Bid:7,915,638      LLC, 5% equityN/A
Other Bid:8,538,508      LLC, 5% equityN/A
Other Bid:6,044,687      LLC, 5% equityN/A
Other Bid:2,749,244      LLC, 5% equityN/A
Other Bid: 7,856,132     LLC, 5% equityN/A
Other Bid: 8,005,293     LLC, 5% equityN/A
Other Bid:  10,721,590     LLC, 5% equityN/A
Other Bid:  9,430,609     LLC, 5% equityN/A
Other Bid:  7,722,180     LLC, 5% equityN/A
Other Bid:  5,956,174     LLC, 5% equityN/A
Other Bid:  5,625,294     LLC, 5% equityN/A
Other Bid:  2,128,909     LLC, 5% equityN/A
Other Bid:  37,553,731    LLC, 5% equityN/A
Other Bid:  37,085,056    LLC, 5% equityN/A
Other Bid:  27,770,514    LLC, 5% equityN/A
Other Bid:  28,150,768    LLC, 5% equityN/A
Other Bid:  21,834,583    LLC, 5% equityN/A
Other Bid:  30,568,213    LLC, 5% equityN/A
Other Bid:  28,130,257    LLC, 5% equityN/A
Other Bid:  23,676,318    LLC, 5% equityN/A
Other Bid:  26,726,147    LLC, 5% equityN/A
Other Bid:  30,558,836    LLC, 5% equityN/A
Other Bid:  29,125,600    LLC, 5% equityN/A
Other Bid:   20,069,730   LLC, 5% equityN/A
Other Bid:   25,759,700   LLC, 5% equityN/A
Other Bid:   19,240,629   LLC, 5% equityN/A
Other Bid:   21,301,198   LLC, 5% equityN/A
Other Bid:   22,536,180   LLC, 5% equityN/A
Other Bid:   17,260,688   LLC, 5% equityN/A
Other Bid:   4,926,934   LLC, 5% equityN/A
Other Bid:    50,000,730  LLC, 5% equityN/A
Other Bid:    48,407,907  LLC, 5% equityN/A
Other Bid:    52,303,950  LLC, 5% equityN/A
Other Bid:    40,109,751  LLC, 5% equityN/A
Other Bid:    25,123,091  LLC, 5% equityN/A
Other Bid:    39,904,660  LLC, 5% equityN/A
Other Bid:     47,614,806 LLC, 5% equityN/A
Other Bid:     50,694,400 LLC, 5% equityN/A
Other Bid:     37,855,293 LLC, 5% equityN/A
Other Bid:     25,250,276 LLC, 5% equityN/A
Other Bid:     36,145,770 LLC, 5% equityN/A
Other Bid:      37,985,846LLC, 5% equityN/A
Other Bid:      59,758,443LLC, 5% equityN/A
Other Bid:      64,475,200LLC, 5% equityN/A
Other Bid:      49,392,980LLC, 5% equityN/A
Other Bid:      29,095,882LLC, 5% equityN/A
Other Bid:      44,856,000LLC, 5% equityN/A
Other Bid:      52,249,892LLC, 5% equityN/A
Other Bid:      14,926,175LLC, 5% equityN/A

Other Bidder Names:

CIM Fund IX AIV-2, L.P. (CIM Group)
Cohen Equities NY LLC
Community Preservation Corporation
Ellington Financial Inc.
First Lien NPL Opportunity Fund LLC
ICP SIGCRE-23 BUYER (InterVest)
JTS Capital 3 LLC
Lafayette Square Holding Company, LLC
Lubert-Adler REC Master Fund AB, L.P.
MagBro LLC (Maguire Lending)
Meadow Real Estate Fund VI LP
Northlight Capital Partners LLC
OSPAM, LLC (O’Brien-Staley Partners)
PalmTree Loan Acquisition Vehicle, LLC (Sabal)
Pemmil Affordable LLC
Pennybacker VI, LP
Rithm Capital Corp.
Slate Asset Management Holdings (US) L.P.
Winhall Investment Company LLC

Notes:

  • The Other Bidder Names are in alphabetical order and may include the winning bidder name and cover bidder name if Other Bids were received. The Other Bids are in the order in which they were ranked after evaluation in accordance with the applicable requirements of 12 U.S.C. 1821(d)(13)(E) by individual pool/linked pools, and include Other Bids received from the winning bidder and cover bidder, if any. There is no linkage between bidder names and bids, except in the case of the winning bid.
  • The cover bid and cover bidder name will be disclosed one year after the transaction closed per the bid disclosure policy.
  • There are more bids than bidders because one or more bidders submitted bids on individual pools and/or linked pools.
  • For more information on the bid disclosure policy, see Failed Financial Institution Bid Disclosure Policy.

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Last Updated: March 29, 2024