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$16M @AZ Senior Construction Loan Opportunity
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Aug 6, 2022 3:00 PM
Macoy Capital Mortgage, LLC
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Debt For Sale - $16M @AZ Senior Construction Loan Opportunity
Debt portfolio sales points
60-unit Condos in Phoenix, AZ
Ground-Up Construction
Note Rate 9.99%, LTARV 53.18%
18 months term (6 months guaranteed)
2% auction fee to be paid by the winning bidder
Debt portfolio stats
Total debt:
$
16751417
Median debt:
$
16751417
Average debt:
$
16751417
Number of accounts:
1
Average charge off date:
Product type:
Real estate debt
Opening price: $
15913850
Opening price (% of Total debt):
95
%
Debt portfolio for sale from Macoy Capital Mortgage, LLC
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