CASE STUDY 6460 & 6500 W 51 st St 6460 & 6500 W 51 st Street, Forest View, IL In September 2014, Venture One was presented the opportunity to purchase the debt secured by two buildings located at 6460 and 6500 W 51st St in Forest View, IL. The borrower had defaulted on the mortgage, and had left the properties in disrepair. The 186,000 SF 6500 building was vacant, and the 210,000 SF 6460 building had a remaining lease term of 3 months with a tenant who had been at the property for over 10 years. The opportunity was to purchase the debt in a short 30 day window, site unseen, and subsequently foreclose on the property through a pre-negotiated consent to foreclose agreement. The opportunity was submitted by a joint venture partner. Venture One was able to quickly

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