Map pinTulsa, OK

JLL New Offering | Non-Performing Multifamily Loan Portfolio | Tulsa, OK

JLL New Offering | Non-Performing Multifamily Loan Portfolio | Tulsa, OK_Property for Sale

Attributes

Number of units
92
Year Built
1963 / 1978
Number of buildings
10
Occupancy
80%
Original Balance
$4,755,000
Unpaid Balance
$4,562,084
Loan Count
2
Call for offers
12/14/2026

Description

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller to arrange the sale of a two non-performing multifamily loans (the “Loan” or “Loans”) located in Tulsa, Oklahoma. The Loans are secured by a first lien on one of the following properties: Silverwood Apartments and Melrose Apartments. (the “Property” or “Properties”).


The Loans were originated to acquire their respective Properties. In July 2026, a Notice of Default was sent for each Loan. Shortly thereafter, an official complaint seeking foreclosure and the appointment of a receiver was submitted. The appointment of a receiver was subsequently approved and is now in place at the Properties.


Silverwood Apartments, constructed in 1973, is a 40-unit property located in southeast Tulsa in the Longview Lake Submarket. The Property is 83% occupied and totals 26,880 net rentable square feet. Melrose Apartments, constructed in 1974, is a 52-unit property located just east of downtown Tulsa in the McClure Park Submarket. The Property is 79% occupied and totals 42,800 net rentable square feet.


The offering presents investors with the opportunity to acquire a non-performing Loan at a significant discount to replacement cost. Additionally, with a receiver in place and foreclosure initiated, the purchaser of the Loans will step into the lender position with the rights and remedies of the Lender already in full effect allowing a short time and direct path to title.

...

Investment Highlights

Essential Amenities

The Properties provide essential amenities including central air and heating systems, laundry facilities, dishwashers, and in-place disposals.


In-Place Receiver

The Properties have court-appointed receivers in place.


Strategic Locations with Excellent Connectivity

The Properties provide easy access to I-244 and Route 66 and are located near the University of Tulsa, Will Rodgers High school, Paradise Beach Waterpark, and downtown Tulsa.


Strong In-Place Occupancy

The Properties are near stabilization with average occupancy at approximately 80%.


Potential Path to Ownership

The non-performing Loans provide investors with a potential path to title at a significant discount to replacement cost.

JLL New Offering | Non-Performing Multifamily Loan Portfolio | Tulsa, OK 4_Property for Sale
JLL New Offering | Non-Performing Multifamily Loan Portfolio | Tulsa, OK (0 Properties)

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right

JLL Financing

We partner with investors to structure smarter financing and optimise portfolio performance. Contact us to see a brighter way with our team.
Last updated Nov 2, 2026