Posted on November 22, 2008 by bobbauman
We are direct to a buyer who is anxious to expand their portfolio of hotels.
They are seeking hotels in the continental US with at least a 9 cap.
Fees are to be paid by the seller. You must be direct to the seller.
Please contact me at bobbaumandeals @ gmail.com if you are direct to a seller [...]
Filed under: commercial real estate, hotels, real estate | Tagged: hotels | Leave a Comment »
Posted on November 20, 2008 by bobbauman
We are direct to the seller of 868 nationwide REO properties. The BPO is $60.6 million with a selling price of $17.5 million (31% LTV). This price includes fees.
The procedures to secure this pool of properties are as follows:
Submit NCND, LOI & POF
Upon verification tape and purchase contract will be delivered to principal [...]
Filed under: REO, real estate | Tagged: reo packages | Leave a Comment »
Posted on November 19, 2008 by bobbauman
We have 109 REO properties in California available with a BPO price of $50,555,700. The asking price for this REO package is $29,681,251.
Here are the procedures to secure this pool of California properties:
Complete letter of interest
Buyer will submit Hard POF to sellers corporate attorney for verification
Upon verification buyer will receive pool within three [...]
Filed under: REO, real estate | Tagged: bpo, california, reo packages | 1 Comment »
Posted on November 9, 2008 by bobbauman
We have two office towers in Houston, TX available. These two office buildings contain more than 775,000 sq. ft of office space. The building has been poorly managed and is currently below 65% occupancy. The current owners attempted to lease the space themselves instead of hiring a professional, national company.
The owner was asking $80 million [...]
Filed under: commercial real estate, off-market, real estate | Tagged: distressed property, houston, office building, texas | 1 Comment »
Posted on November 9, 2008 by bobbauman
We have a portfolio of 18 off-market Embassy Suites and Marriot Courtyard hotels available for just under $1 billion. These hotels are located in CA, CO, NV, OR & WA. Performing at a 7 Cap with the owner including managment at no cost may bring the Cap closer to a 7.5.
Contact me at bobbaumandeals @ [...]
Filed under: commercial real estate, hotels, off-market, real estate | Tagged: embassy suites, hotels, marriot courtyard, off-market | Leave a Comment »