Buyers Looking for Commercial Notes for Sale

Attention Banks and other holders of commercial notes: Below you will see some our buyers and what they are looking for specifically.  Please note that we have posted only a small fraction of our buyers.  Please note that we have plenty of other buyers seeking notes backed by all types of commercial real estate.

• Buyer is looking to invest in notes backed by Virginia based properties.  The buyer is primarily focused on the cities of Virginia Beach, Chesapeake, Portsmouth, Suffolk, Hampton, Newport News, and Williamsburg. 

• Buyer is a Florida developer who likes anything with buildings up.  They can take uncompleted construction etc. Will take land also but not soley. Can do bigger 300+ units.

• Buyer is looking to invest in notes located in the North East, South East, South West, or Mid-Atlantic regions of the US.  The buyer’s sole focus revolves around multi-family properties of either Class A or Class B standing.  These properties must include at least 200 units constructed after 1980. 

• Buyer is looking to buy notes which are backed by multi-family properties of Class A, B, or B- standing.  The buyer prefers to avoid any investments that would be made on properties that are considered vintage.  The minimum unpaid balance on the note must be greater than $2,000,000.  This buyer’s budget is upwards of $20 million.

• Buyer is looking to invest specifically in non-performing notes located in the states of either Colorado or Arizona.  The notes would fall into the categories of either single-family residential properties or commercial real estate.  The balance of the notes should lie between $2,000,000 and $5,000,000.

• Buyer is looking to invest in notes backed by shopping centers, strip malls, or upscale hotels.  

• Buyer wishes to invest in non-performing notes located in California, Texas, or Arizona.  The buyer will purchase the 1st Trust Deed on retail, industrial, or multi-residential properties.  This person has a budge of $60 million and is looking at REO bulk sized at $30 million.  Preferred notes would be deeply discounted at 55%-70%.

• Buyer wants to non-performing notes, preferably in North East or South East states; other suitable locations, however, may be considered.  These notes should be backed by retail properties and can have a remaining balance that ranges anywhere between $1,000,000 and $20,000,000. 

• Buyer is looking for performing and non-performing notes.  Both residential and commercial notes will be considered and the buyer is open to investments in any suitable location.

• Buyer is looking for non-performing notes backed by multi-family properties of Class A or Class B standing, built post-1980, with a minimum of 100 units.  The buyer is not interested, however, in those properties that are widely marketed or listed and prefers to buy into more off-market investments.  An exception would be if the owner of a listed, nonperforming note or multifamily asset is highly motivated to close quickly and is willing to price the asset accordingly.  The buyer is open to investments in any location across the US that would be considered a primary or secondary market with good economic prospects.  

• Buyer is willing to consider single-family residential properties, as well as commercial real estate.  The minimum unpaid balance on these notes should exceed $25M.

• Buyer wishes to purchase either current or defaulted-upon notes back by multi-family properties in California, Massachusetts, Arizona, Washington, Texas, or Florida.  The remaining note balances should be between $5M and $100M. Buyer will only consider non-performing notes back by properties in Texas.  This buyer is looking for multi-family notes with a remaining balance between $1.5M and $4M.

• Buyer is looking for notes based in coastal cities or the states of Texas and Illinois.  This investor is primarily interested in commercial office buildings or 4-Foods Group properties.  The buyer is looking to invest on two scales: the loan balance should either be between $2M and $20M, or have a minimum unpaid balance of $25 million.

• Buyer is looking for non-performing notes based in New York, New Jersey, Pennsylvania, Connecticut, or Florida.  The buyer wishes to purchase any forms of retail, commercial, or multi-family properties.  The loan amount has not yet been specified.  

• Buyer is open to investments in any US location and notes can be either performing or non-performing.  The investor specifically is looking at multi-family, retail, hotels, RV parks, and manufacture housing properties.  Loan balance on these notes should be between $3 million and $10 million.