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Carlton Advisory Services

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Carlton Group to Auction $47m of Distressed Loans HW+

Jul 08, 2009By

Distressed assets are moving as the extent of the real estate crisis unwinds and investors see opportunity in reduced prices — and the trend is not isolated to residential properties. The Los Angeles office of the Carlton Group will auction a portfolio of sub- and nonperforming commercial real estate, condominium and land development loans totaling $47m on behalf on an undisclosed financial institution based on the west coast.

3d rendering of a row of luxury townhouses along a street

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