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Deutsche Bank explores sale of property loans
German lender considering joint venture with private equity firm; assets comprise distressed mortgages and other debt
Published Wed, Oct 8, 2014 · 09:50 PM
New York
DEUTSCHE Bank AG is exploring the sale of about US$2 billion of US commercial real estate loans held by the bank's Special Situations Group, according to a person with knowledge of the matter.
Germany's largest lender is considering a joint venture with a private equity firm, said the person, who asked not to be named because the talks are private. The assets comprise distressed mortgages and other types of debt.
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