CRE Xchange is offering a Bulk Office Building Sub-Performing Note package. Locations are in CA, WA, and UT. Strike price for entire package is $3.2M + 3%fee. For more detailed information contact CRE Xchange at: [email protected] | (949) 303-3145 or contact [email protected] | (949) 554-5769.
CRExhange is receiving various Notes on assorted Multi-family, RetailCenters, Flex Office buildings and Mixed-use buildings. Most of the product will be located in California. The incoming products are considered to be grade “A” and “B” with UPB of $250 Million. Some of the geographic “A” locations can be considered A thru C locations. Some of the Multi-family “CAP Rate” is expected to be 5.5% – 11% and some of the retail centers are price per [...]
This is a Private Off-Market Offering of an Office Building located in Central Colorado. Property is approximately 35% occupied and has a break even to slightly positive Net Operating Income (NOI). The tentative strike price is range priced from $4.1 Million to $4.3 Million. With approximately 65,000 to 70,000 square feet of leaseable space, this offering is in the Price per Pound category at about $60/SqFt, which is approximately 60% below replacement cost. Subject commercial [...]