Tag Archives: FDIC

FDIC auctions off $609 million in troubled loans – MarketWatch

Posted on December 22, 2010 by admin

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

Posted on December 9, 2010 by admin

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

Posted on November 13, 2010 by admin

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

Posted on November 8, 2010 by admin

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)

Posted on October 1, 2010 by admin

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

Posted on August 17, 2010 by admin

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

Posted on July 14, 2010 by admin

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

Posted on July 12, 2010 by admin

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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FDIC Auction of Lenders In Puerto Rico Draws Bids – Wall Street Journal

Posted on April 29, 2010 by admin

FDIC Auction of Lenders In Puerto Rico Draws BidsWall Street JournalSome people familiar with the bidding process said the FDIC could hold a separate auction for certain assets of the three battered banks. Real-estate …FDIC Closer To Resolution For Three … Continue reading →

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Banks granted temporary halt to W loan auction – Atlanta Business Chronicle

Posted on April 9, 2010 by admin

Atlanta Business Chronicle Banks granted temporary halt to W loan auctionAtlanta Business ChronicleThe auction was to have taken place March 29, but Capri called it off. Hal Barry, chairman of Barry Real Estate Companies Inc., has previously told Atlanta …Banks … Continue reading →

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