Location: United States

UCC Sale of Certain Membership Interests in Belen 1945 LLC and Brick House NY LLC

Asking Price: $10,000.00

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Description

UCC FORECLOSURE SALE PUBLIC NOTICE

AUCTION DATE & TIME: October 16, 2026; 11:15 AM EST

AUCTION LOCATION: Remote, via Zoom

CREDIT BID: $10,000.00

BUYER’S PREMIUM: 2%

SECURED PARTY: Loan Originations LLC, a Delaware limited liability company

AUCTIONEER: AuctionWorks, a division of AW Properties Global, LLC

INTEREST TO BE SOLD / SALE ASSETS:

David Ebrahimzadeh (“Ebrahimzadeh”) is the current owner of 100% of the membership interests in the Relevant Entities. To secure its obligations to Secured Party, Ebrahimzadeh pledged to Secured Party a first-priority, perfected security interest in and to its membership interests in the Relevant Entities.

TERMS OF SALE:
The sale will be conducted virtually via Zoom. Qualified bidders must register and satisfy the requirements set forth in the Auction Terms & Conditions. The Secured Party shall be deemed a qualified bidder and shall be permitted to credit bid amounts due and owing to it.

Qualified bidders will be required to post a $100,000.00 good faith deposit before bidding and to increase such deposit to 25% of the successful bid on or before 12:00 noon Eastern Time on October 23, 2026.

The sale will be FINAL and conducted on an “AS IS, WHERE IS, WITH ALL FAULTS” basis and WITHOUT REPRESENTATION OR WARRANTY WHATSOEVER.

The Secured Party reserves the right to establish bidding procedures, require proof of financial ability, credit bid, and to adjourn, continue, or cancel the sale.

QUALIFICATION DEADLINE: October 13, 2026 at 12:00 noon Eastern Time

REGISTRATION & INQUIRIES:

Interested parties may request additional information and access to the data room upon execution of an NDA by contacting:

Diana Peterson
AW Properties Global / AuctionWorks
Email: dianap@awproperties.com

Note: Unregistered parties will not be permitted to bid.

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