November 15, 2022
On behalf of a major banking institution, First Financial Network (FFN) is pleased to announce the upcoming sale of a performing commercial real estate loan portfolio comprised of 73 loans totaling approximately $80 million in balance.
Comprehensive due diligence materials will be made available to qualified parties on FFN’s website beginning on December 14, 2022. For this loan sale, the Seller requires specific information from potential bidders prior to approving their participation in the due diligence and bidding process. FFN encourages all interested parties to begin the bidder qualification process now by registering at ffncorp.com or by logging into your FFN account and completing the requisite documents.
All interested parties are required to electronically sign a Confidentiality Agreement before accessing due diligence on December 14, 2022. This agreement will be effective from 2022 until the end of the calendar year 2023 for this particular Seller.
Bidders may submit bids for individual pools, a combination of pools and/or the entire portfolio.
Due Diligence Begins: 12/14/2022
Bid Date: 01/24/2023 12PM CST
Closing Date: 02/07/2023
For questions regarding the offering, please contact FFN's Investor Relations