CB Richard Ellis (CBRE) is marketing a portfolio of five loans worth about $146.6 million, Commercial Real Estate Direct reports. The company is selling four performing and one non-performing loan on behalf of Cadim, an affiliate of Canadian investment manager, Caisse de depot et placement du Quebec.
The portfolio includes a $43 million loan backed by a California apartment property, a $39.7 million financing package for a New York property, a $35.9 million loan on an apartment property and a $20.9 million loan on an office building, both in Philadelphia. The non-performing loan has a balance of $7.2 million backed by an apartment property in Georgia.
Click here for the story from Commercial Real Estate Direct.