Retail

$9.3 Million Non-Performing CMBS Retail Loan

000 Avenue Aurora, CO 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

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Property Description

The Loan was originated in December 2014 and structured for a ten-year term. Payments are based on a 32-year amortization and a fixed rate of 4.547%. The Note was transferred to special servicing in October 2019 upon payment default and has subsequently remained past due. Foreclosure proceedings have been initiated and a receiver was installed in January 2020. This offering provides investors with a unique opportunity to acquire a non-performing note at an attractive basis with a potential path to title on a cash-flowing retail asset with leasing upside.

Investment Highlights

Jones Lang Lasalle (“JLL”) has been retained by the Seller, a CMBS Special Servicer, on an exclusive basis to arrange the sale of a $9.3 million non-performing loan (the “Loan,” or “Note”) secured by the first mortgage on a strip shopping center located in Colorado (the “Property,” or “Collateral”).
Last Updated Date: 07 Jul 2021
Sean Ryan
Sean Ryan
Managing Director, Capital Markets
Bill Butler
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.

+358931583230
Last Updated Date: 07 Jul 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

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