Silverwood Apartments & Melrose Apartments | Tulsa Non-Performing Multifamily Loan Portfolio

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.