BiggerPockets

Below is a partial list of some of the notes we have purchased. It should give you a cross section of some of the deals we find interesting.

The note acquisitions include:

a. We have participated in numerous FDIC auctions. We were successful in purchasing a $9 million pool of performing gas station loans from the FDIC. We closed the transaction all cash less than 10 days after our initial bid.

b. We purchased two portfolios from a bankrupt finance company. The portfolios included 54 properties in 17 states. We saw all of the collateral and closed all cash in less than 30 days.

c. We purchased a nationally flagged hospitality loan from a regional bank in the southeast. We closed the transaction all cash 6 days after initially learning about the opportunity.

d. We acquired a $14 million portfolio from a regional Chicago bank. We closed the transaction with all cash less than 10 days after commencing due diligence.

e. We purchased a $4 million portfolio of multifamily loans from a local Chicago Bank. We closed all cash within a few days after agreeing upon a sale price with the seller. The transaction closed quickly and without incident. As a result, we are working on a second transaction with the same seller.

f. We purchased from the US subsidiary of a major European Bank a $16,000,000 portfolio of 15 defaulted first mortgage loans secured primarily by multi-family apartment buildings on the south side of Chicago. We closed all cash within 10 days of submitting letters of intent.

g. We recently purchased two defaulted land loans being marketed for sale through a national loan sale advisor working on behalf of a Chicago based regional bank. We closed all cash within one week of being selected as the winning bidder.

h. We recently purchased three defaulted loans totaling $5,000,000 from a multi-billion dollar Chicago based bank. The collateral consists of an infill parcel of land, a north suburban apartment building and a retail shopping center in Michigan. We closed all cash within one week after agreeing to a sale price with the seller.

i. We recently purchased four loans totaling over $7,000,000 which were marketed by a loan sale advisor on behalf of Milwaukee based regional bank. We closed all cash within days of being selected as the winning bidder. The loans were secured by prime locations on Chicago's north side improved with two apartment complexes with ground floor retail, an 80% built condominium project and a vacant restaurant.

j. We recently joint ventured with a Northbrook, Illinois based real estate investment company to acquire a $120,000,000 land loan portfolio marketed by a loan sale advisor on behalf of Utah based Zions Bank. The loans are secured by over 5,000 acres of residential land developments located in California, Utah, Nevada, Arizona, Texas and Florida. The joint venture closed all cash less than one week after agreeing to a price with the seller.

k. We recently purchased a defaulted condo construction loan from a multi-billion dollar Puerto Rico based bank. We closed all cash after working through a complex web of construction liens, building code violations and a bankrupt borrower. The loan is secured by completed condominium building in Chicago's Wicker Park neighborhood.

What is the name of your company Tay and how can we check you out?