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Bid Summary
Multibank 2009-1 CML-ADC Venture LLC
Date Sold: February 9, 2010
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Winning Bidder:
Rialto Capital Management, LLC
Winning Bid:
$71.9 million; 40% equity; Combined; 1-to-1 leverage
| Cover Bid: AIGL Development Corporation (East Pool Leveraged) - $14.0 million |
| Cover Bid: Blue Rock G-8 Capital Fund, LLC (West Pool Leveraged) - $38.8 million |
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Other Bidder Names:
| Asset Management Services Enterprises |
| Colony Capital Acquisitons, LLC |
| LNV Corporation |
| Obsidian Finance Group, LLC |
| PH Management, LLC |
| PMO Loan Acquisiton, LLC |
| Silver Leaf Financial, LLC |
| Turner Opportuity Fund I, LP |
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Other Bids - Combined No Leverage
$8.0 million
$17.9 million
$21.7 million
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Other Bids - East Pool Leveraged
$7.9 million
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Other Bids - West Pool No Leverage
$32.6 million
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Other Bids - West Pool Leveraged
$17.2 million
$19.7 million
$20.8 million
$21.2 million
$29.0 million
$33.0 million
$47.9 million
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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 and cover bids. |
| - The cover bid is the second 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 http://www.fdic.gov/about/freedom/biddocs.html. |
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