For Auction
Note Sale: Lake Forest Place | Cincinnati MSA Office Opportunity
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 4445 Lake Forest Drive is the collateral for the sale of a $16.3 million non-performing loan (the "Loan") secured by a first-lien mortgage on Lake Forest Place, a 305,001-square-foot, Class B office building located in Blue Ash, Ohio. The fixed-rate Loan bears interest at 4.499% and matured on September 5, 2025. Situated in the heart of Blue Ash's established corporate corridor, the Property benefits from convenient access to I-71, I-275 and the Ronald Reagan Cross County Highway, affluent surrounding demographics, and proximity to Summit Park and the area's growing collection of restaurants, retail and recreational amenities. The offering presents investors with the opportunity to acquire a non-performing loan secured by a well-positioned, cash-flowing office asset in one of Greater Cincinnati's most established suburban office markets.
Due Diligence
Location
Lake Forest Place is located at 4445 Lake Forest Drive, situated in the heart of Blue Ash's established corporate corridor. The Property benefits from convenient access to I-71, I-275 and the Ronald Reagan Cross County Highway, affluent surrounding demographics, and proximity to Summit Park and the area's growing collection of restaurants, retail and recreational amenities.
Transaction Managers
Platform Fee
Buyer pays platform fee at closing.
5% or $25,000 minimum
How it Works
Learn about bidding, reserve prices, and closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
