Banks sell troubled loans

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Voit Real Estate Services' Asset Services Division, the full-service distressed asset management arm of Voit, recently negotiated the sale of two Inland Empire distressed assets, according to a news release.  An undisclosed bank has sold a loan collateralized by a partially constructed residential condo project comprised of 41 units in Rancho Cucamonga for an undisclosed price.  Also, "an undisclosed bank has sold a loan collateralized by 35 single-family homes in Fontana for an undisclosed price," the release states.

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This page contains a single entry by Matt Wrye published on August 14, 2009 10:25 AM.

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