NEW YORK CITY-On behalf of Malkin Holdings, Jones Lang LaSalle's capital markets group announced Thursday the firm has brought a $67.6 million high-quality and diverse portfolio of seven performing sub-debt positions to market. The portfolio of six performing mezzanine loans and one preferred-equity position is collateralized by equity interest in retail, office and multifamily assets located in and around global gateway cities. The positions are available as a portfolio or for individual sale.
Managing director and global loan sales leader Peter Nicoletti is leading the Jones Lang LaSalle team on this transaction, along with managing director Kelly Gaines and SVP Brett Rosenberg.
"The portfolio includes some of the highest quality assets in their respective cities," says Nicoletti. "With top-tier CBD's featuring strong growth and focused investor demand, the portfolio offers a unique relative yield opportunity and a solid investment for potential buyers."
The assets tied to the mezzanine and equity positions are located in New York, San Francisco, Washington, DC, Philadelphia and suburban London.
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