On behalf of a national bank, DebtX will be conducting a sale of more than 90 seasoned performing, low loan-to-value loans with an aggregate unpaid principal balance of approximately $200 million. The loans are secured by multifamily and commercial real estate. Collateral locations include California, New York, Washington, Washington D.C, and Illinois.
Final bids will be taken on August 18, 2010. Buyers may bid on each loan individually or create customized pools. For multifamily properties, please contact Will Mercer at
617-531-3429. For all other property types, please contact Kevin Twomey at
617-531-3425. You must be registered with DebtX to receive detailed information about the loans and to participate in the sale. To register, please visit our
registration page.
KDX Ventures ("KDX"), a DebtX-KEMA Advisors joint venture, is pleased to announce the U.S. Department of Housing and Urban Development ("HUD") Multifamily and Healthcare loan sale, MHLS 2010-2. The portfolio includes eighteen multifamily loans and one healthcare loan totaling $224.9 million, ranging in size from approximately $1 million to $44.3 million. Collateral is located across nine states. Investors may bid on individual loans or on pre-determined pools. Bids will be taken September 9th, 2010.
Interested investors may register now by downloading and submitting the
Confidentiality Agreement and Bidder Qualification Statement. Investor due diligence materials will be made available on or around August 5, 2010. Questions regarding the sale should be directed to Will Mercer at
617-531-3429 or
MHLS2010-2@debtx.com.