PUBLIC NOTICE OF UCC SALE: Membership Interest in C-5 Investors Mezz, LLC

NOTIFICATION OF DISPOSITION OF COLLATERAL

To: Interested Members of the Public
From: BCL-CRE 3 LLC (“Secured Party” or “Lender”)

c/o Levenfeld Pearlstein, LLC, Attorney for the Secured Party
Attn: Jamie L. Burns
120 S. Riverside Plaza, 18 th Floor
Chicago, Illinois 60606
(312) 476-7601

Names of Debtor(s): Darren B. Casey (“Assignor”)
We will sell the Collateral described below to the highest qualified bidder in public as follows:
Day and Date: June 25, 2026
Time: 11:00 a.m. (CST)
Place: 120 S. Riverside Plaza, Ste. 1800, Chicago, Illinois 60606

Collateral:

Assignor’s Ownership Interests in C-5 Investors Mezz, LLC, a Texas limited liability company (the “Company”), being 46% of the Ownership Interests in the Company; “Ownership Interests” meaning the membership interests owned by Assignor in the Company under the Governing Agreements, including (a) all Equity Distributions; (b) all Equity Rights; (c) all Bankruptcy Rights; and (d) all proceeds of any of the foregoing, in each case arising out, or on account of, or in connection with the Ownership Interests and all increases, substitutions, replacements, additions and accessions to any of the foregoing, together with full power and authority to demand, receive, enforce, collect or give receipt for any of the foregoing, to file any claims and to take any action which, in the opinion of Secured Party, may be necessary or advisable in connection with any of the foregoing.

C-5 Investors Mezz, LLC, through its membership in C-5 Holdings, LLC, is the owner of certain real property commonly described as 28.15 acres of land located at Hwy. U.S. 281 and Stone Oak Parkway, San Antonio, TX 78258.

For the avoidance of doubt, the Collateral being sold does not include any of the assets of C-5 Investors Mezz, LLC or C-5 Holdings, LLC, which have filed voluntary petitions for relief under chapter 11 of  title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Northern District of Texas. The Collateral is owned by Darren B. Casey individually and Mr. Casey has not filed a petition for relief under the Bankruptcy Code as of the date hereof.

The sale will be conducted in accordance with the provisions of the Uniform Commercial Code, enacted in Illinois and other applicable jurisdictions. The bid price must be paid in certified check or cashier’s check payable to the order of BCL-CRE 3 LLC. Twenty Percent (20%) of the successful bid price will be paid at the time of sale and the balance must be paid within two (2) business days of the sale.

If the successful bidder defaults on the secured balance, the Secured Party may retain the initial deposit and, at the Secured Party’s option, sell to the next highest bidder. Secured Party reserves the right to bid part or all of the amount secured by the Collateral being sold without certified check or cashier’s check as required for other bidders. The Secured Party reserves the right within three (3) business days of the completion of the bidding to reject all bids. The Secured  Party reserves the right to adjourn the sale to another date without further publication or notice by giving notice at the time of the sale.

If the Secured Party accepts a bid, the bidder will receive a Secured Party Bill of Sale of the interest of the Secured Party in the Collateral purchased, subject to the terms hereof. The Secured Party makes no representations or warranties as to the condition of the Collateral and the sale is “as is”, where is and with all faults, subject to any and all taxes, liens, claims or encumbrances. There is no warranty as to title, possession, quiet enjoyment, or the like in this disposition.

Debtors are entitled to an accounting of the unpaid indebtedness, which shall be provided free of charge. Please contact Jamie L. Burns, Levenfeld Pearlstein, LLC ((312) 476-7601), counsel for Secured Party, for further information.