PLEASE TAKE NOTICE that in accordance with applicable provisions of the Uniform Commercial Code as enacted in all applicable jurisdictions, LoanCore Capital Credit REIT LLC (“Secured Party”) will offer for sale, at public auction, all of 225 Deerpath Investors, LLC’s (“Debtor”) right, title and interest in and to (a) 100% of the limited liability company interests of 225 E. Deerpath, LLC, a Delaware limited liability company (“Owner”), and (b) certain related rights and property relating thereto (collectively, (a) and (b) are the “Collateral”). Based on Debtor’s disclosures, Secured Party understands that the principal asset of Owner is certain real property located at 225 E. Deerpath, Lake Forest, IL 60045, and such property is subject to one or more mortgages. The public auction will be held on November 17, 2021 at 12:00 p.m. (CST), by remote auction via web-based video conferencing and/or telephonic conferencing program selected by Secured Party. All qualified bidders may virtually attend and participate at the auction. The Collateral will be sold to the highest qualified bidder; provided that Secured Party reserves the right to at any time cancel the sale, or to adjourn the sale to a future date. The sale will be conducted by Mannion Auctions, LLC, by Matthew Mannion, Auctioneer, NYC DCA License No. 1434494, with offices at 305 Broadway, Suite 200, New York, NY 10007. The Collateral will be sold (i) as a block, and will not be divided or sold in any lesser amounts, (ii) “as is, where is” and without any recourse, representation, guarantee, or warranty of any kind, which are disclaimed, and (iii) subject to such other terms as Secured Party may announce. Interested parties who intend to bid on the above Collateral must contact Secured Party’s sale advisor, Brock Cannon of Newmark Knight Frank at [email protected] to receive the terms of sale and bidding instructions. Upon execution of a confidentiality agreement and qualified investor letter, additional information will be available. Interested parties who do not contact the Secured Party’s sale advisor and qualify prior to the sale will not be permitted to enter a bid.
NOTE: The above sale, originally scheduled for October 5, 2021 at 12:00 p.m. (CST) has been postponed. The new sale date has been rescheduled for November 17, 2021 at the same time and place.
DailyDAC™ is the oldest, most trusted, and most widely used provider of public notices of asset sales and case commencements, and other important notices involving companies in financial distress in the United States and Canada. DailyDAC™ public notices are used by bankruptcy trustees, chapter 11 debtors in possession, federal and state court receivers, and secured parties disposing of their collateral under Article 9 of the Uniform Commercial Code or other state law trust (and their respective auction firms, law firms, and other agents). Learn more.
Many sales of distressed companies and distressed business assets are not widely advertised. If you are buyer of such companies or assets, you may be well served by becoming a paying subscriber to Distressed Deal Data™. Find out more.
PUBLIC NOTICE OF ABC SALE: Aerion Corporation
PUBLIC NOTICE OF 363 SALE: Extraordinary Opportunity to Acquire San Francisco and East Bay’s Largest Independent Building Security Guard Company
PUBLIC NOTICE OF ASSET SALE: Designer Furniture Company
Dealing With Defaults Under Article 9 of UCC: A Player’s Guide for the 21st Century
PUBLIC NOTICE OF ASSET SALE: Vehicle Accessory Installation Company
PUBLIC NOTICE OF AUCTION: Online Education Platform
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.