803 Wyckoff Avenue
803 Wyckoff Avenue, Queens, NY, 11385, US
54 unités
Attributs
Solde du principal non payé
54 900 265 $
Nombre d'unités
81
Appel d'offres
2025-07-15
Description de l'actif
Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller, a CMBS Special Servicer, to arrange the sale of 10 non-performing first-mortgage loans (the “Portfolio” or “Loans”) with a total unpaid balance of $40,379,243. The Portfolio is secured by the fee-simple interests in 15 properties, ranging from Multifamily, Manufactured Housing, Office/Retail, and Industrial, located in the Northeast, with a large concentration in New York and Philadelphia (the “Properties” or “Collateral”).
Investors are encouraged to bid either individually, as sub pools or as a Portfolio.
...
Points forts de l'investissement
Multifamily Focused
The offering includes 81 multifamily units between NYC and Philadelphia. 55% are in the NYC metro - 29% of those units are rent regulated.
Path to Ownership
With the Loans currently in default and substantial legal process already completed, the buyer inherits the opportunity to enforce remedies and pursue a path to title or a loan restructure.
Attractive Basis
At $40,379,243 in total unpaid principal balance, the Loan basis is at an attractive discount to both total collateral value at closing ($58,790,000) and replacement cost today.
Média
$40.0 Million Non-Performing Mixed-CRE (Multi Concentration) Loan Portfolio (0 Propriétés)
Contactez les courtiers
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
11 juin 2025