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Garnet Capital Completes $54 Million Loan Portfolio Sale
Garnet Capital Advisors has announced the successful completion of a $54 million commercial and industrial (C&I) loan portfolio sale. The transaction, completed for one of the 25 largest commercial U.S. financial holding companies, involved approximately 200 loan relationships with varied payment performance and collateral types.
Garnet Capital structured the loans into value tiers to aid buyer assessments, providing detailed account-level summaries and converting payment histories into cash flow schedules. The portfolio was sold to a single buyer within seven weeks, achieving a full pullthrough rate. According to Garnet Vice President Janet Nankin, buyers responded positively to the investment's value proposition.
Garnet Capital, a New York-based boutique firm, specializes in loan sale advisory and is celebrating 20 years in operation. Over its history, the firm has managed over 1,800 transactions, totaling a UPB of $144 billion, with significant commercial sector involvement.
R. E.
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