Since late 2007, Park Bridge’s principals have managed the purchase, sale or disposition of approximately $9 billion of commercial real estate debt to a broad universe of buyers. This successful effort has continued throughout the entire recession, underscoring Park Bridge’s ability to execute effectively in challenging sales environments.
Park Bridge is in regular dialogue with sellers and buyers of commercial real estate debt. Our clients on the sell side include: national, regional, community and foreign banks, and insurance companies. Our CRE debt buyers include: regional and local developers, hedge funds, private equity firms, sovereign wealth funds and various other private investors. Park Bridge clients benefit from its up-to-date information on return expectations, transaction structures and evolving market trends.
As part of any sale assignment, Park Bridge provides extensive document, property and market reviews. We include these findings in our comprehensive marketing package, which is designed to give investors everything they need to bid with confidence. We believe this sharpens pricing and provides the seller with higher-quality bids.
Recent Transactions:
- Park Bridge is currently advising on the sale of two pari-passu notes totaling $40 million that are part of a $400 million first mortgage loan secured by a premier office tower located in the Los Angeles CBD.
- Park Bridge advised on the sale of a defaulted $18 million mezzanine loan junior to a $109 million first mortgage secured by a pair of office buildings in the Washington D.C. area. After foreclosing and evaluating a potential first mortgage workout, Park Bridge secured bids representing a recovery of approximately 98% of the client’s original investment.
- Park Bridge advised on the sale of a $68 million defaulted loan and REO portfolio in the greater New York metro area.
- Park Bridge provided advisory services in connection with the purchase and sale of a $45 million participation interest in a mezzanine loan secured by a New York office building.
