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Shane baldwin fraud silver leaf financial obtains financial loans in jacksonville, fl and farmington, ut
1. Shane Baldwin Fraud - SilverLeaf Financial Obtains Financial loans in Jacksonville, FL and
Farmington, UT
SALT LAKE CITY, Sept. 23 2009 – SilverLeaf Financial (http://www.silverleaf-financial.com) has
acquired two brand new financial loans. One of these financial loans is definitely a 7-million-dollar
face-valued loan in Jacksonville, FL. The loan is anchored by an 83-unit residence complex. This
primarily was a condo complex acquired by the debtor in 2006 and transformed into 219 residential
condominiums. The borrower could put up for sale the vast majority of units except 83. The
purchaser chose not to offer those units due to the existing economy as well as condo market, and
rather has elected to rent the rest of the units. All but two units are now rented. Shane
Baldwin, SilverLeaf CEO, says, “We liked the property as a result of underline income, the rents
which are in place, along with the rents that were arriving.”
The other loan SilverLeaf obtained is situated in Utah. It’s an acquisition and development loan
guaranteed by 69 developed and superior residential lots, and also a duplex in Farmington, Utah.
This can be the very first loan SilverLeaf has purchased in Utah, and they are extremely excited
about buying a loan in their own personal backyard.
SilverLeaf has long been a dynamic buyer in the troubled debt market. SilverLeaf has lots of loans
on their books which they may be enthusiastic about selling to interested potential buyers. To
acquire more information, get a hold of Colby Bond at 801-359-2855 ext 555. Colby is the head of
the Collateral Disposition and Loan Sales dept, and would happy to speak to people about selling off
a few of SilverLeaf’s loan stock to serious prospective buyers.
SilverLeaf also publicizes its participation in the October 5th and 6th IMN Distressed Commercial
Real Estate Forum in Ny City. Baldwin will be speaking on three panels, “Is Now a Good Time to
Invest in Distressed Commercial Properties and Paper,” “Secondary Market Opportunities in Non-
Underperforming CRE Lending options,” and “Buying Financial loans From a Bank.” This event will
be held at the New York Hilton. Baldwin will also be speaking at the NAIOP annual Commercial Real
Estate Meeting in Chicago, October 14th-16th at the Sheraton Chicago Hotel & Towers.
About SilverLeaf Financial
SilverLeaf is really a private equity firm headquartered in Salt Lake City, Utah. They concentrate on
purchasing performing and non-performing first deed of trust loan pools from the FDIC and other
banking institutions when considering swift money making. Visithttp://www.silverleaf-financial.com to
learn more.
Click here for more info on Shane Baldwin Silverleaf