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The CEX to Auction $63M in Non-Performing Loans

MIAMI-The loans are secured by hospitality, commercial and residential properties and land in the Gulf Coast and Georgia.

By Hortense Leon | Updated on June 07, 2010

MIAMI-The Carlton Exchange is auctioning a $63 Million portfolio of non-performing loans secured by hospitality, commercial and residential properties and land located in the Gulf Coast in Florida, Texas and Louisiana as well as in Georgia. The loans are being offered through the Carlton Exchange’s conventional loan trading system with no bidding deadline.

According to Commercial Mortgage Alert, the portfolio belongs to The Whitney Bank of New Orleans.  The following is a list of the properties:

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