Blackstone To Buy $385M Hotel Loans

A venture of private-equity firms,Blackstone GroupandSquare Mile Capital, is acquiring mortgages worth $385 million tied to 45 hotels,The Wall Street Journal报告。莫rtgages have been sold by theFederal Deposit Insurance Corporation(FDIC).

The loans are the remains of the failedSilvertonbank in Georgia, which held the debt until mid-2009, when it was shut down by the FDIC. The Silverton portfolio is the third large portfolio the FDIC has sold in 2011.

Click here for the story fromThe Wall Street Journal.