Relevant:
- Wells sells $600 million in distressed assets at 35 cents on dollar
- Banks, Lenders and Rating Agencies Hiding Losses
- Distressed CMBS Loans Up 41% in April, as Commercial Real Estate Prices Edge Higher
- FDIC Sells Equity Stake in $1bn Portfolio of Distressed CRE Loans
- Lennar Buys $3.05bn of Distressed Real Estate Loans
2011-06-24 — chicagorealestatedaily.com
"Colony Capital LLC, a California-based investment firm, has agreed to pay MB Financial Inc. about 50 cents on the dollar for a $384-million loan portfolio comprised largely of distressed commercial real estate loans."
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