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Home > Asset Sales > Historical Sales > Structured Transaction Sales > 2010-1 SFG Venture LLC




2010-1 SFG Venture LLC

Bid Summary
2010-1 SFG Venture LLC
Date Sold: May 18, 2010



Winning Bidder: Square Mile III Structured Debt (One) LLC / Square Mile III Structured Debt (Three) LLC
Winning Bid: $68.3 million; Combined; 40% equity; 1-to-1 leverage

Other Bidder Names:

Omitted from this disclosure
AEW Partners VI, LP / Woodbourne Capital Partners, LLC
ARS Investors I, LP
BCO Hospitality LLC
California Smart Growth Fund IV, LP
Greenfield Acquisition Partners V, LP
RockBridge Hospitality Fund IV, LP
Sentinel Capital Funding, LLC
SFGLP Loan Acquisition Venture, LP
SPT-HII-VIII Partners II, LLC

Other Bids - Whole Loan Pool 40% 1-to-1 leverage

$15.0 million

$20.0 million

$20.0 million

$20.0 million

$22.5 million

Other Bids - Participation Loan Pool 40% 1-to-1 leverage

$25.0 million

$26.2 million

$26.3 million

$33.1 million

$37.7 million


Other Bids - Combined Loan Pool 40% 1-to-1 leverage

Omitted from this disclosure

$30.3 million

$32.9 million

$34.0 million

$37.2 million

$38.9 million

$46.5 million

$47.5 million

$48.2 million

$48.5 million

$53.1 million

$55.0 million

$61.6 million

$63.0 million

$63.2 million

$64.9 million

Notes:

- 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. Cover bids (second-best bid or combination of bids) and cover bidder names have been omitted from this disclosure.

- The number of bids is greater than the number of bidders because one or more bidders submitted multiple bids.

- For more information on the bid disclosure policy, see http://www.fdic.gov/about/freedom/biddocs.html.




Last Updated 12/01/2010 cservicefdicdal@fdic.gov