Slimrock Investments Pte. Ltd. is an investment company that Jaan Tallinn owns. He gave us the loan to buy the property, and he facilitated it via this company. I don't really know anything more about the company than that.
My guess is the only reason why it shows up in relation to FTX is that FTX owes money to Jaan, which isn't very surprising given that he owns a bunch of crypto and I think was also an early investor in Alameda (and maybe also FTX)?
The total price for the property was $16.5MM, the total loan was for $20MM, including $3.5MM for repairs and renovation.
This makes sense; thanks for the quick reply.
There are a lot of FTX creditors and it's not surprising to me that the best financing option for Lightcone would be an EA rather than a commercial bank, and given they're an EA it's also not a shock that they would have some financial interaction with FTX; many people had financial interactions with FTX, including many prominent EAs. (you can see that screenshot lists them as creditor 2,229, and there were many more after them in that document!)
Slimrock Investments Pte. Ltd. is listed on the Alameda County Recorder's records as associated with Lightcone's recent purchase of the Rose Garden Inn in Berkeley.
"Assignment of Rents" implies that they are the lender who provided the capital to purchase the property. There is not much information about them on the internet. They appear to be a holding company incorporated in Singapore.
However, I was able to find them in a list of creditors in the bankruptcy proceedings for FTX:
What is Lightcone's relationship to Slimrock, and is there any specific reason that the purchase of the Rose Garden Inn was financed through them rather than a more mundane/pedestrian lender?