The Grapevine

May 20, 2010

Source: Commercial Mortgage Alert

The Grapevine


Shinhan Bank of Seoul is offering a hodgepodge of real estate loans with a combined book value of $22.9 million. The

small-balance mortgages are backed by a mixed bag of collat- eral, including a golf driving range, hotels and single-family homes. The properties are in five states, and performance of the loans varies. Mission Capital Advisors of New York, which
is managing the offering, has set a May 20 bid date. Y

COMMERCIAL MORTGAGE ALERT: May 14, 2010, 5 Marine View Plaza, Suite 400, Hoboken NJ 07030. 201-659-1700

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