Shane Baldwin of SilverLeaf Financial Discusses Their Most Recent $6.8 Million Acquisition

SALT LAKE CITY, May 14 /PRNewswire/ -- SilverLeaf Financial is pleased to announce another recent loan acquisition. The $6.8 Million face value note is collateralized by a 105,438 NRSF office building in Charlotte, NC, known as "Independence Tower." Originally built in 1972 and renovated in 2003, the eleven-story structure is situated on a 5.195 acre land parcel located five miles from downtown Charlotte. The property offers a total of 76 leasable office units ranging in size between 1,000 sq ft to 10,000 sq ft. The building also has leasable rooftop space made available for antennas. Shane Baldwin, SilverLeaf CEO, says, "This is a very nice commercial office building just outside Charlotte, North Carolina. We like the market there and we're very excited about this acquisition."

SilverLeaf Financial continues to actively source and purchase quality assets in the distressed debt market.

About SilverLeaf

Headquartered in Salt Lake City, Utah, SilverLeaf Financial is a private equity firm, focused on purchasing performing and non-performing, 1st deed of trust loans and loan pools from the FDIC, Special Servicers, Banks and other financial institutions for the purpose of prompt monetization.

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SOURCE SilverLeaf Financial