On behalf of a major banking institution, First Financial Network (FFN) is pleased to announce the upcoming sale of a performing commercial real estate and agricultural loan portfolio comprised of 47 loans totaling approximately $50 million in balance. Collateral locations are nationwide with concentrations in California, Arizona, Ohio and Texas.
Comprehensive due diligence materials will be made available to qualified parties on FFN’s website beginning on June 26, 2023. 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 www.ffncorp.com or by logging into your FFN account and completing the requisite documents.
Bidders may submit bids for individual pools, a combination of pools and/or the entire portfolio.
Key Dates
Due Diligence Begins: 3/27/2023
Bid Date: 4/1/2023 12PM CST
Closing Date: 5/9/2023
For questions regarding the offering, please contact FFN’s Investor Relations
Team | 405.748.4100 | IR@www.ffncorp.com
Merrie Duncan | 405.595.3399 | mduncan@www.ffncorp.com
Cathey Taylor | 405.595.3347 | ctaylor@www.ffncorp.com
Olivia Morris | 405.595.3352 | omorris@www.ffncorp.com