Real Money: Colony Capital Acquires $817 Mil in Loans from FDIC

A consortium of investors organized by Colony Capital LLC, a private, international investment firm, including Colony Financial Inc. acquired in a structured transaction with the Federal Deposit Insurance Corp. (FDIC) two portfolios of residential and commercial acquisition, development and construction loans. The combined portfolios include 1,505 loans with an aggregate unpaid principal balance ...

Read full post here. Yahoo! News

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