Loan Sales
June 2011 – Dominion Realty Capital, acting as an advisor to a private equity investment manager, arranged for the acquisition of a $16 million non-performing loan portfolio from a large regional bank. The mortgage loan portfolio was secured by the West Avenue Medical Office Portfolio, a 73,000 square foot multi-tenant medical office building portfolio located in Norwalk, Connecticut. Dominion identified the investment opportunity and provided negotiation and due diligence support. Dominion sourced the opportunity through its strong network of bank relationships and was able to leverage its extensive experience in the sale of performing and non-performing loans.