Worldwide Commercial Loan Acquisitions is a secondary
marketing firm specializing in the sale and acquisition of
individual commercial real estate mortgage loans and bulk
portfolios. Worldwide Commercial Loan Acquisitions provides
loan sale and acquisition services for performing, sub-performing
and non-performing commercial loans.
As the demand for mortgage assets
intensifies, Worldwide Commercial Loan Acquisitions have focused their attention on
establishing new relationships with Banks, Savings & Loans,
Insurance Companies, Mortgage Banking Firms and Private Investors.
Worldwide Commercial Loan Acquisitions acknowledges that loan sales
and acquisitions are a primary source of income growth
management.
Worldwide Commercial Loan Acquisitions actively pursues the following types
of individual commercial real estate mortgage loans and bulk
portfolios:
-
Commercial /
Industrial
-
Multi-family
-
Retail
-
Office
-
Hotel
-
Congregate
Care
Worldwide Commercial Loan Acquisitions have facilitated loan sales of commercial real estate
mortgage loans and portfolios of up to $500 million.
Objective:
Our objective is to develop relationships
that provide clients with the highest possible value for their loans,
regardless of size.
Transaction
Process:
Worldwide Commercial Loan
Acquisitions transactions are performed on a "negotiated basis" as
opposed to a "sealed bid" process. A Letter of Intent (LOI) is
normally issued within 48 hours of receipt of the loan information.
This allows sellers the advantage of only entertaining only those
offers that meet their pricing requirements and obtaining highest
value for their loans. Purchasers prefer this method because it
conserves underwriting and due diligence resources.
Due Diligence
& Closing:
Following
acceptance of the LOI, due diligence and closing are usually
completed in 4 to 21 business days.
Loan Parameters:
-
Any performing,
sub-performing and/or non-performing commercial real estate loans
and/or participation
-
All loan types including: Commercial / Industrial,
Retail, Office, Multi-Family, Hotel and Congregate
Care
-
Individual loan sizes up to $50 million
-
Portfolio sizes up to $500
million
-
No geographic limitations
-
Fixed or adjustable rates