Regions Southeast
May 22, 2008
Carlton Group is the exclusive advisor to market and sell $250 million of distressed debt and REO on behalf of two institutional clients, it has reported. There are twenty-seven sub- and non-performing commercial loan assets. The assets are primarily first lien positions, and there are also 4 REO assets. The portfolios’ assets include loans secured by completed and partially completed townhome developments, condominium properties in approved residential subdivisions, small balance commercial loans, retail, warehouses and residential land assets suited for development. All are offered in various stages of completion, and are predominantly located in Florida, Texas, Alabama, Georgia, Indiana and Mississippi.
Carlton Group is the exclusive advisor to market and sell $250 million of distressed debt and REO on behalf of two institutional clients, it has reported. There are twenty-seven sub- and non-performing commercial loan assets. The assets are primarily first lien positions, and there are also 4 REO assets. The portfolios’ assets include loans secured by completed and partially completed townhome developments, condominium properties in approved residential subdivisions, small balance commercial loans, retail, warehouses and residential land assets suited for development. All are offered in various stages of completion, and are predominantly located in Florida, Texas, Alabama, Georgia, Indiana and Mississippi.
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