First Financial Network, Inc. (FFN) is pleased to announce that due diligence is now available for the 4Q2022 Quarterly Loan Sale Event. The sale currently consists of 63 loans being offered on behalf of five sellers. FFN anticipates additional loans being added this week and will distribute an email notification once available.
Highlights
Performing: 97.67%
Non-Performing: 2.33%
Collateral Concentrations
Office: 57.85%
Retail: 17.64%
Hospitality: 13.43%
Residential: 4.59%
Multifamily: 3.72%
Industrial: 1.64%
Mixed CRE: 0.38%
C&I: 0.35%
Land: 0.31%
Unsecured: 0.09%
Collateral Locations
Nationwide with concentrations in North Carolina, Massachusetts and New York
WAC: 5.22%
WAM: 27.28
Key Dates
Due Diligence Begins: October 31, 2022
Bid Date: December 6, 2022 by 12 PM CT
Closing: December 15, 2022
Sale Access & Questions
To request access to the Quarterly Loan Sale Event, please log into your FFN account at www.ffncorp.com and select 4Q2022.
For questions regarding the offering please contact FFN’s Investor Relations Team at 405.748.4100 or at ir@ffncorp.com.