DWC completed a comprehensive market analysis and financial model to support the maximum fair market value of the secured assets. A wide marketing outreach to qualified note purchasers was undertaken with a focus on local and regional investors/owners of similar assets. Two classes of buyers were identified. Solely yield-driven investors and those buyers seeking to perfect a foreclosure and own the real estate.

Multiple “indicative bids” were obtained resulting in a best and final round of bids. The final bid exceeded the client’s underwriting price objectives.