The $105.5-million portfolio is made up from 71 loans and 33 relationships of residential and commercial properties in California, Washington, Oregon and Arizona. The $306-million HUD portfolio is comprised of 25 multifamily loans and one healthcare loan. The sizes of loans range from $1.6 million to $44.6 million. The loans are located in 14 states.
KDX is expecting active bidding for the HUD portfolio. Bids will be accepted from 11:00 a.m. and 1:00 p.m. EST on March 24, 2010. DebtX will be accepting bids for its non-performing loan portfolio by 2:00 p.m. EST on March 22, 2010.
Bids can be made at www.debtx.com.
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