Financial Instruments > Other > All > # 402692

Performing Commercial Loan Portfolio

Due Diligence

Seller Name:	CBRE
Rating:	Not Applicable
Location:	Washington, DC 20500

Number of Bids:	0
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$400,000
Your Bid Status:	Log in to view status
It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	Not Met!
Status:	Closed
Auction Started:	01-31-09 04:00 PM ET
Auction Closed:	02-11-09 03:00 PM ET
Bid Increment:	$50,000
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$10,000 — See Instructions
Page Views:	5120

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Asset Information

Related Due Diligence

Terms of Auction [PDF]

Pool of loan info [XLS]

Supplemental Information [XLS]

Asset Description

Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Payment Type

Certified/Cashier's Check
Settlement Agent