FDIC Selects Colony Capital as Winning Bidder for Equity Interest in $1.85 Billion in Commercial Real Estate Loans

Washington, D.C. – July 14, 2010 – (RealEstateRama) — The Federal Deposit Insurance Corporation (FDIC) has closed on a sale of 40 percent equity interest in a limited liability company (LLC) created to hold assets with an unpaid principal balance of approximately $1.85 billion from 22 failed bank receiverships.