The $40MM Hotel & CRE Portfolio
The $40MM Hotel & CRE Portfolio
Clark Street Capital’s Bank Asset Network (“BAN”) proudly presents: “The $40MM Hotel & CRE Portfolio.” This exclusively-offered portfolio is offered for sale by one bank (“Seller”). Highlights include:
- A total unpaid principal balance of $42,591,777, comprised of 21 loans and 13 relationships
- Performing loans constitute 94% of the portfolio
- Loans have a weighted average coupon of 5.61%, and nearly all mature within 5 years
- All loans are whole loans secured primarily by first mortgages on real property
- Geographically diverse portfolio
- Collateral types include: Hotels (75%), C & I (12%), Assisted Living Facility (8%), and Retail (5%)