Wells Fargo, Servicer Eye $2 Bln Loans, Assets Sale

24 May 2010

Wells Fargo and LNR Property, servicer of commercial mortgaged backed securities, reportedly are looking to each unload some $1 billion in distressed commercial real estate loans and assets.

Wells Fargo and LNR Property, servicer of commercial mortgaged backed securities, reportedly are looking to each unload some $1 billion in distressed commercial real estate loans and assets. Sources said Wells Fargo is putting up for sale office and hotel mortgages and properties that it largely inherited when ...

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