NEW THIS WEEK: $88MM Commercial Multi-family Portfolio
Please log in to your DebtMarket account to find detailed information on the portfolio
listings below.
DEBTMARKET LISTINGS
Seller: Mississippi Broker for National Bank
Loan Type: Commercial Mortgages
Remaining Balance: $88,334,976
Performance: Non-performing
Number of Loans: 15
Property Locations: FL, OH, IN, MI, NC, NJ, NY, TN, TX
Property Type: Multi-Family
Avg. Original Term: 360 months
Avg. Remaining Term: 110 months
Listing Expiration: 3/4/10
Seller: North Carolina Broker for Regional Bank
Loan Type: Commercial Mortgage
Remaining Balance: $1,241,241
Performance: Non-performing
Number of Loans: 1
Property Location: NC
Property Type: Residential Development
Original Term: 12 months
Appraisal Value: $830,000 as on 10/09
Listing Expiration: 3/8/10
Seller: Nevada Investment Firm
Loan Type: Residential Mortgage
Remaining Balance: $44,200
Performance: Performing
Number of Loans: 1
Property Loacation: OH
Coupon: 7%
Original Term: 84 months
Remaining Term: 30 months
2009 Tax Assessor’s Appraisal Value: $67,000
Listing Expiration: 2/25/10
ABOUT DEBTMARKET MORTGAGE LISTINGS
Being a technology innovator, DebtMarket is working to apply our
successful model in the auto and student loan markets to more complex
products like residential and commercial mortgages.
We are currently in the process of major changes both on the portfolio
listing side and on the buyer side. Our efforts have resulted in the
listing of several commercial mortgage portfolios recently and we
expect to have many more in the near future.