Bid Summary
South CRE 2010-2 VENTURE LLC
Date Sold: December 2, 2010
Winning Bidder: Hudson Realty Capital Fund V LP
Winning Bid: $3.7 million; 40% equity; 1-to-1 leverage
Cover (second place) Bid:
Omitted from this disclosure
Other Bidder Names:
Blue Rock Capital, LLC
Celtic Bank Corp.
Other Bids
$2.1 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. Because there were three bidders, the name of the cover bidder, but not the cover bid amount, is listed above under Other Bidder Names pursuant to the November 12, 2009 failed bank bid disclosure policy.
- For more information on the bid disclosure policy, see www.fdic.gov/about/freedom/biddocs.html.