Tag Archives: FDIC

FDIC Online Real Estate Auction Closes June 2, Great Deals to be had – YAHOO!

There’s still a few weeks left to find great deals in the first-ever online only FDIC real estate auction, hosted by Micoley Auctions. The FDIC selected Micoley Auctions last November to conduct its Northeast Auction, featuring assets in seven … … Continue reading

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Micoley Auctions Presents Inaugural Online-Only FDIC Real Estate Auction – YAHOO!

Properties throughout the Midwest will soon have new owners thanks to Micoley Auctions of Green Bay, Wisconsin. Micoley is proud to host the inaugural online-only FDIC real estate auction. The auction will take place from now to June 2, 2012 … Continue reading

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FDIC auctions off $609 million in troubled loans – MarketWatch

FDIC auctions off $609 million in troubled loansMarketWatchThe FDIC also picked Colony Capital LLC as a winning bidder for a 40% stake in $137 million in commercial real estate loans from five failed bank … and more » read more

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Hudson Realty grabs $102M in loans at FDIC auction – Crain’s New York Business

Hudson Realty grabs $102M in loans at FDIC auctionCrain’s New York BusinessThis marked Hudson's first-ever winning bid in an FDIC auction. The Manhattan-based real estate fund manager paid 18 cents on the dollar for the portfolio … read more

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Get a house for $50 or $1.7M at FDIC auction – USA Today

Get a house for $50 or $1.7M at FDIC auctionUSA TodayGlenn Maiale, 52, of Cottrellville, Mich., hugged his real estate agent Sunday after successfully bidding on a house on the St. Clair River for $80000. … and more » read more

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Get a house for $50 — or $1.7M: Surburban homes in demand at FDIC auction – Detroit Free Press

Get a house for $50 — or $1.7M: Surburban homes in demand at FDIC auctionDetroit Free PressGlenn Maiale, 52, of Cottrellville in St. Clair County hugged his real estate agent Sunday after successfully bidding on a house on the St. … Continue reading

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FDIC plans $1.12B in property loan sales – The Real Deal New York (blog)

Bobsguide (press release) FDIC plans $1.12B in property loan salesThe Real Deal New York (blog)… planning to sell $1.12 billion worth of commercial and residential real estate loans from failed banks in a sealed-bid auction, Bloomberg News reported. …FDIC Plans … Continue reading

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FDIC to hold real estate auction – Bizjournals.com

FDIC to hold real estate auctionBizjournals.comThe Federal Deposit Insurance Corp. will auction off some seized homes and other real estate assets on Tuesday, the Arizona Republic reports. … and more » read more

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Colony wins FDIC loan sale for $440 million – Reuters

Boston Globe Colony wins FDIC loan sale for $440 millionReutersLos Angeles-based Colony paid about 59 cents on the dollar for the portfolio, which consists of about 1660 distressed commercial real estate loans, …Colony, Cogsville Team Up in FDIC Asset SaleWall … Continue reading

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FDIC sale of Venture Bank assets now in progress – Kitsap Peninsula Business Journal

FDIC sale of Venture Bank assets now in progressKitsap Peninsula Business JournalRick Levin & Associates, Inc., a Chicago, Illinois based property and real estate auction company conducts the online sales on behalf of the FDIC. … and more » read more

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