This is a public record generated listing.
Loan Portfolio for Sale
Listing Information
Attachments
Loan Portfolio for Sale
Price: $969,512.00
Other Item Info
Item #: cacbke_1869175
Created: 07/10/2020
Category: Business Property > Financial > Other
Sale Location: Los Angeles, California
Sale Date: Thu. Jul 30, 2020
Created: 07/10/2020
Category: Business Property > Financial > Other
Sale Location: Los Angeles, California
Sale Date: Thu. Jul 30, 2020
Seller Info
Eve Karasik
Debtor's Attorney
10250 Constellation Blvd., Ste. 1700
Los Angeles, CA 90067
310-229-1234
Debtor's Attorney
10250 Constellation Blvd., Ste. 1700
Los Angeles, CA 90067
310-229-1234
Bankruptcy Info
Case #: 1:19-bk-11629
Case Title: Valley Economic Development Center, Inc.
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Valley Economic Development Center, Inc.
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of the VEDC Trust’s, CBOF’s and TBOF’S (the “Sellers”) aggregate unencumbered Loan Portfolio.
The VEDC Trust’s sale of its, and its wholly owned affiliated entities’, Chicagoland Business Opportunity Fund, LLC (“CBOF”) and Tri State Business Opportunity Fund, LLC (“TBOF”), aggregate loan portfolio for loans not in the Small Business Administration’s Community Advantage Loan Program (the “Loan Portfolio”).
Financial Overview
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Asset and Liability Summary ($)
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Sale Location
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Los Angeles, CA, 90012