Is there a cost for signing up for the Bank Asset Network?

There is no cost for signing up.

How long does it take to fill out?

We would like participants to carefully fill out the survey in order to understand the investment criteria of the participants. It should take approximately 10-20 minutes to complete.

What are the benefits of signing up?

Participants in the network gain access to bank assets specifically tailored to the investor’s acquisition criteria. Leveraging the extensive direct and indirect bank relationships developed by Clark Street Capital, we can structure joint ventures to acquire portfolios of bank assets, creating value to buyers and sellers. For example, let’s suppose a bank seeks the disposal of $100MM in commercial real estate loans, comprised of multi-family assets and residential land. We can then create a joint venture so that the multi-family buyer doesn’t need to acquire the residential land in order to take down the portfolio. In some cases, we could structure deals involving multiple buyers. The bid/ask spread between sellers and buyers has made portfolio sales difficult. We believe that this network will help narrow the spread.

How will my information be used?

Clark Street Capital will not share your information with any outside party without prior consent. We will provide summary information to sellers to show them that we have interested buyers for their assets identified.

How often should the information be updated?

We will send out an email every 3 months outlining the registered party’s investment criteria. If any information has changed, we would ask the participants to update the survey so that we have current information on the participants.