Graf and Sannella of Houlihan-Parnes arrange acquisition of 21-property Chicago portfolio

Ed Graf and Ted Sannella of Houlihan-Parnes Realtors, LLC have arranged for the acquisition of a portfolio of non-performing notes. The portfolio consists of 21 non-performing notes with a face value of $10.304 million. The notes are secured by 21 different properties located in the city. The buyers paid $5.41 million for the note package. This price represents 52.5% of the face value.