An amended SEC Form D for CMMTP-2, L.P., a Los Angeles fund tied to CIM Group, reports $1,282,915,790 sold; 663 investors in the main vehicle.
SAGA 02 / UPDATING · 2 filings covereds
The $1.28B Boca Raton Foreclosure
Wells Fargo moved to foreclose on a $1.28 billion Workspace Property Trust portfolio running through Boca Raton. Every development in the case, as it happens.
A $1.28 billion portfolio running through Boca Raton entered foreclosure, one of the largest single actions South Florida has seen in this cycle. The size is what makes it a market event rather than a company event.
This page tracks the case: the borrower, the properties in the portfolio, the lenders behind it, any receiver appointment, and the auction date when it is set.
Everything here is drawn from the court record and attributed to the filing.
The record, in order
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Nov 5
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Aug 24
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Frequently asked
- What is in the portfolio?
- The properties are identified on this page as they are confirmed in the court record. We do not list a property until a filing names it.
- Has the portfolio been sold?
- Any auction or sale date is posted here as soon as it appears on the docket.