KDX Ventures to Sell $144 Million in HUD Loans

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Mon Jan 12, 2009 9:01am EST

DebtX And KEMA Advisors Manage Transaction

BOSTON, Jan. 12 /PRNewswire/ -- KDX Ventures (KDX), a partnership of DebtX and
KEMA Advisors, will sell $144 million in multi-family and healthcare loans for
the U.S. Department of Housing and Urban Development  (HUD).

The portfolio includes 15 multifamily loans and four healthcare loans, ranging
in size from approximately $1 million to $30 million.  The collateral is
located in 12 states in the East, South and Midwest. Investors may bid on any
individual loan or on pre-determined pools of loans. Bids will be accepted at
www.debtx.com on Feb. 4, 2009. 

"KDX Ventures is expecting strong interest in these HUD loans due to
increasing demand for product from investors around the world," said DebtX CEO
Kingsley Greenland.  "Over the past three months, a significant new number of
investors have entered the whole loan marketplace.  The increasing liquidity
is likely to mean very active bidding for the HUD loans."

KDX Ventures (KDX) is a partnership between DebtX, the largest marketplace for
commercial loans, and KEMA Advisors, a boutique investment banking firm.  The
transaction announced today is the first since KDX Ventures signed a
multi-year agreement with HUD in October to sell loans.

About DebtX
DebtX is one of the world's leading full-service loan sale advisors for
commercial, consumer and specialty finance debt. DebtX operates the world's
largest and most liquid online marketplaces for loans, with more than 4,000
registered and approved investors and approximately 300 institutions,
including commercial banks, insurance companies, investment banks and
government-sponsored entities. DebtX also offers DXMark(R), the first
objective valuation of commercial real estate portfolios based on actual
secondary market loan sales. DXOpen(R) is a family of deal management products
used by syndication and agency services professionals. DebtX is based in
Boston, with U.S. offices in Atlanta, New York, and San Francisco, and
European offices in London and Frankfurt. For information, call 617.531.3400
or visit www.debtx.com.

About KEMA
KEMA is a boutique financial advisory firm that assists clients in the
management and disposition of real estate loans, commercial loans and other
corporate assets. KEMA is a minority-owned business, a U.S. Small Business
Administration 8(a) certified firm, and a certified Historically Underutilized
Business by the North Carolina Department of Administration.  KEMA is
headquartered in Hillsborough, NC and maintains satellite offices in
Washington, D.C. and New York. For more information, contact 919.644.0430 or
visit www.kemaadvisors.com.



SOURCE  KDX Ventures

Greg Berardi of Blue Marlin Partners, +1-415-239-7826,
greg@bluemarlinpartners.com, for KDX Ventures
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