CWCapital Asset Management has made the decision to market $2.6 billion dollars in real estate and commercial mortgage loan assets all across the country. The portfolio is made up primarily of office assets but also includes retail and hotel space; office assets comprise 8.9 million SF of their portfolio, with 3.2 million SF of retail and over 2,100 hotel rooms. Sources from CWCapital state that the company feels like this is the perfect time to leverage the changing capital and recovering real estate markets, and is hoping that investors will see this a unique opportunity to diversity their own portfolios with a variety of cash-flowing assets and mortgage loans.
The first round of bidding will begin on November 13th. CBRE and Auction.com are overseeing the bidding process.Share