Bid Summary
CRE Venture 2011-2 LLC
Date Sold: December 13, 2011
| Bidder | Bid $ | Structure | Leverage |
|---|---|---|---|
| Winning bid: ColFin 2011-2 CRE Holdco, LLC (Colony) |
27,307,101 | LLC, 40% equity | 1:1 |
| Cover Bid: CRE Rockies Loan Acquisition Venture, L.P. (Oaktree) |
26,595,679 | LLC, 40% equity | 1:1 |
| Other Bid: | 26,265,119 | LLC, 40% equity | 1:1 |
| Other Bid: | 25,381,231 | LLC, 40% equity | 1:1 |
| Other Bid: | 100,733,738 | Cash sale | N/A |
Other Bidder Names:
ColFin 2011-2 CRE Holdco, LLC (Colony)
CRE Rockies Loan Acquisition Venture, L.P. (Oaktree)
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 and cover bid.
- The cover bid is the best bid after excluding all bids submitted by the winning bidder.
- There are more bids than bidders because one or more bidders submitted more than one bid.
- For more information on the bid disclosure policy, see www.fdic.gov/about/freedom/biddocs.html.