Full-service loan advisor DebtX has announced that it plans to sell more than $358 million of participations, loans, and leases from the Tennessee Commercial Bank receivership on behalf of the Federal Deposit Insurance Corporation (FDIC).

The FDIC portfolio consists of $46.5 million of performing non-lead loan participations and $311.2 million of performing and nonperforming loans and leases. The collateral, which is located throughout the U.S., comprises commercial real estate, aircraft, rolling stock, construction equipment, medical equipment, boats, and business assets.

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