KDX Ventures to Sell $306 Million HUD Portfolio
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 2010-1. The portfolio includes twenty-five multifamily loans and one healthcare loan
totaling $306.1 million, ranging in size from $1.6 million up to $44.3 million.
Collateral is located across fourteen states. Investors may bid on any individual loan
or on pre-determined pools. Bids will be taken March 24th, 2010. Questions regarding the
sale should be directed to Will Mercer at 617-531-3429 or MHLS2010-1@debtx.com.
Interested investors may register now by downloading and submitting the
Confidentiality Agreement and Bidder Qualification
Statement.
DebtX to Sell $105.5 Million Bank Loan Portfolio
DebtX is pleased to announce a $105.5 million portfolio sale of primarily non-performing bank loans (Loans). The sale will include 71 Loans located throughout California, Washington, Oregon and Arizona. The collateral for the Loans includes commercial and residential real estate as well as business assets. The sale consists of 25 offerings comprised of 22 relationships and 3 pools. Investors may bid on individual offerings, a combination of offerings or the entire portfolio.
The Loans will be offered to all registered DebtX investors. Interested investors that are not yet registered with DebtX must register to receive detailed information about the individual Loans and to participate in the sale. To get started, please go to the DebtX home page.
A detailed data tape and due diligence materials are currently available for review at www.debtx.com, and final bids are due March 22nd at 2PM EST.
Questions regarding this sale should be directed to Brooke Foley at 617-531-3416 or Mike Roth at 617-531-3424.
