China Trust Bank Portfolio

In March 2011, Kearny in partnership with Morgan Stanley Real Estate Investing acquired a $196 million portfolio of performing and sub/non- performing and REO loans from China Trust Bank. At acquisition the portfolio consisted of 41 loans and four REO properties located in CA, NV, WA, NJ and NY including condominiums, apartments, office, industrial, retail and land. Kearny worked through all of the non-performing loans and fully resolved over half of the portfolio.

Contact:
Jeff Dritley
310-203-1845