Prime Non-Performing Loans; REO Assets Still Available on CEX
August 24, 2010
A $349 Million Non-Performing First Mortgage Loan & REO Multi-Family, Retail, Hospitality, and Land Auction recently held by Carlton Exchange was a big success. However, there are still some prime assets available, which are outlined below:
- 10314 – REO – 114 unsold units in a 150-unit residential apartment complex
- 92077 – REO – The property consists of two neighboring parcels of land totaling approximately 30 acres.
- 10816 – First Mortgage collateralized by 15 cash flowing unsold units within a three-story, 45-unit, condominium conversion building.
- 20326 – First Mortgage collateralized by three adjoining sites totaling 12 rental apartments.
- 20127 – First Mortgage collateralized by a 60-unit apartment complex consisting of 20 one-story, garden-style apartment buildings.
- 20429 – First Mortgage collateralized by a four-story apartment building with 24 residential units.
- 40301 – First Mortgage collateralized by a two-story commercial building containing five units.
- 40205 – First Mortgage collateralized by an entire floor within a commercial office condominium building.
- 50202 – REO – Two adjoining commercial properties containing approximately 12,000 square feet.
- 50460 – First Mortgage on a 39,515 square foot shopping center.
There is still time for you to review these tremendous assets, and win the property of your choice.
To view these assets and access the due diligence materials associated therewith, please visit Carlton’s proprietary website (www.carltonexchange.com) and click on the $349 Million Non-Performing First Mortgage Loan & REO Multi-Family, Retail, Hospitality, and Land Sealed Bid Auction.
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