Subject: Loan Offerings (LOAN)
First Financial Gearing Up Loan Offering
The Oklahoma City company, which recently completed a sale of roughly $225 million for Bank of America, will be bringing another portfolio to market sometime in October. The portfolio will total about $75 million.
HUD Launches Marketing for $222Mln Loan Portfolio
The housing agency will be taking offers for a portfolio of 38 loans next month. The portfolio is comprised of healthcare and multifamily loans.
Lehman Buys Loans from Teachers, MetLife
The investment bank is said to have agreed to buy commercial mortgages that were offered by MetLife and Teachers Insurance.
Keefe Bruyette Loan-Sales Execs Quit to Start Advisory Firm
Sean McVity, Robin Ishmael and Lou DiPalma have resigned from Keefe, Bruyette & Woods, where they oversaw the firm's fledgling loan-sales operation. They'll be forming a company that would advise both buyers and sellers of distressed debt.
MetLife to Offer $130Mln of Commercial Mortgages
The insurer has hired two advisers to help it sell 19 loans that it inherited from its acquisition of GenAmerica Financial: Holliday Fenoglio Fowler and Jones Lang LaSalle.
Hypo Sells Nonperformers to Lone Star, JPMorgan
December 12, 2003 Hypo Real Estate Bank has sold a portfolio of non-performing loans valued at 490 million euro (US$602 million) to a consortium of buyers including Lone Star and J.P. Morgan. The purchase price for the portfolio, which consists ...
Debtx Markets $30Mln Loan Portfolio
November 19, 2003 Commercial Real Estate Direct Staff ReportDebtx is offering a portfolio of distressed loans, many that are secured by commercial properties. The Boston loan-sales adviser is offering the $30 million portfolio on behalf of a midwestern bank.Debtx will ...
FDIC Partnership Offers Remaining Assets
October 28, 2003 A partnership that FDIC had established during the late-1990s to buy and manage a portfolio of charged-off loans is being wound down, and $693.5 million of remaining assets are being sold.The portfolio is comprised of 10,400 assets ...
HUD’s Selection of Loan Sale Adviser Moves to October
September 25, 2003 Commercial Real Estate Direct Staff ReportThe U.S. Department of Housing and Urban Development has pushed off, until Oct. 30, the hiring of a contractor to spearhead its next loan offering, which could involve $500 million of multifamily ...
Keefe Bruyette Markets Loan Portfolio
September 22, 2003 Commercial Real Estate Direct Staff ReportKeefe, Bruyette & Woods has started marketing a $58.6 million portfolio of commercial loans, some of which are backed by real estate.The investment bank's loan-sales group is planning to take offers on ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
