Tag Archives: real estate loans

Barry Sternlicht: Real Estate Bargain Hunter – New York Times (blog)

Posted on June 1, 2010 by admin

Barry Sternlicht: Real Estate Bargain HunterNew York Times (blog)Six months later, the government shut Corus and announced that it would sell its real estate loans in an auction, keeping a large part of the equity and … and more » read … Continue reading →

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DebtX preps for $500m CRE loan sale – Bizjournals.com

Posted on May 24, 2010 by admin

DebtX preps for $500m CRE loan saleBizjournals.comIn addition, DebtX will auction a combined $136 million in commercial real estate loans for a bank and a financial services company in the South. …DebtX to Sell $500 Million in LoansPR Newswire (press … Continue reading →

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Puerto Rico’s Largest Bank Acquires Westernbank – Wall Street Journal

Posted on May 2, 2010 by admin

Philippines News Puerto Rico's Largest Bank Acquires WesternbankWall Street JournalPopular has struggled with subprime loans from its mainland US bank and souring real estate loans in Puerto Rico. It lost almost $2 billion during the last …Regulators close 3 troubled … Continue reading →

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Great American Group(R)* to Auction Former Assets of Humboldt Creamery Facility – CNNMoney.com (press release)

Posted on January 25, 2010 by admin

Great American Group(R)* to Auction Former Assets of Humboldt Creamery FacilityCNNMoney.com (press release)The combined experience of these two firms provide home auctions of foreclosed real estate and an internet based auction exchange for real estate loans and … and more » … Continue reading →

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Marijuana-Reeking Tour Bus, Red Ferrari Are FDIC’s Crisis Booty – Bloomberg

Posted on December 22, 2009 by admin

Marijuana-Reeking Tour Bus, Red Ferrari Are FDIC's Crisis BootyBloombergFinancial assets such as real-estate loans are sold separately through auctions that can involve complex financing and profit-sharing arrangements. … and more » read more

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FDIC Draws Brisk Bidding on Loans by Failed Banks – Wall Street Journal

Posted on December 22, 2009 by admin

FDIC Draws Brisk Bidding on Loans by Failed BanksWall Street JournalInvestors are jostling for the chance to buy a $1.1 billion package of commercial real-estate loans extended by failed banks, … and more » read more

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Can Citigroup Ever Catch a Break? – Wall Street Journal (blog)

Posted on December 21, 2009 by admin

Can Citigroup Ever Catch a Break?Wall Street Journal (blog)… banks that still need to auction off their warrants. That the fortunes of regional banks, which have been weighed down by commercial real-estate loans, … and more » read more

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