This is a public record generated listing.
Promissory Note for Sale
Listing Information
Attachments
Promissory Note for Sale
Price: $2,200,000.00
Other Item Info
Item #: nmbke_157206
Created: 07/22/2018
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Created: 07/22/2018
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Seller Info
Daniel Andrew White
Trustee's Attorney
320 Gold Ave. SW Suite 300A
Albuquerque, NM 87102
505-433-3097
Trustee's Attorney
320 Gold Ave. SW Suite 300A
Albuquerque, NM 87102
505-433-3097
Bankruptcy Info
Case #: 1:16-bk-12947
Case Title: Las Cruces Country Club, Inc.
Court: New Mexico Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Las Cruces Country Club, Inc.
Court: New Mexico Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of certain Limited Recourse Promissory Note dated October 27, 2014 between Park Ridge Properties, LLLP, a New Mexico limited liability partnership (“Park Ridge”) as Borrower, and the Seller as Lender (the “Note”), a Mortgage dated effective October 27, 2014 between Park Ridge as mortgagor and the Seller as mortgagee, recorded in records of the clerk of Dona Ana County, as Instrument No. 1422271 (the “Mortgage”), and any fraudulent transfer claims owned by the estate, to Cruces Equity Partners, LLLP.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume: