Alternatives

$349,000,000 Million Loan Portfolio Sale

Various Various, NY United States
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Property Description

The Portfolio includes eighty-one (81) first mortgage loans. The Loans are collateralized by Multifamily, Mixed-Use, Office, Retail, Industrial, and Self-Storage assets located in TX (22.8% UPB), CA (22.1%), IL (8.2%), AZ (7.6%), GA (6.1%) and other states (33.2%) across the Continental U.S. The Portfolio includes seventy-one (71) floating and ten (10) fixed rate loans which equate to 89.4% and 10.6% of UPB, respectively. Seventy (70) of the floating rate loans offer a W.A. spread of 3.73% over 30D LIBOR while the fixed rate loans feature a W.A. interest rate of 6.10%. The in-place floors provide an attractive W.A. coupon of 5.77% for the Portfolio.

Investment Highlights

Jones Lang LaSalle (“JLL”) has been retained by the Seller on an exclusive basis to arrange the sale of a $349 million loan portfolio (the “Loans” or “Portfolio”).
Tom Hall
Tom Hall
Managing Director, Capital Markets
Clayton Ross
Analyst

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.