Builder buyouts

[jnation]

There are 6 packages available, if you are interested just pm me for more details.

1. 190 townhomes package - new construction - being sold for 54 cent on the dollar
2. 63 unit condo package - 85% occurpied - sales price 11 Mil appraise value 16 Mil - LTV is 68%
3. 41 townhomes package - being sold for 56 cent on the dollars
4. 36 single family homes package - new construction - 6.6 Mil - LTV is 75%
5. 30 single family homes package - new construction - 2.9 Mil - LTV is 75%
6. 13 single family homes package - new construction - 1.8 Mil - LTV is 80%

[TJ2007]

where are they?

[jnation]

1-3 are in florida
4-6 are in texas

[speedydooo]

where in tx are the properties?

[jnation]

The 30 are in Houston, the others are in Dallas