KDX VENTURES TO SELL $306 MILLION HUD PORTFOLIO

DebtX And KEMA To Sell Non-Performing Loans March 24, 2010

BOSTON,  March 01, 2010

KDX Ventures (KDX), a joint venture between DebtX and KEMA Advisors, will sell $306 million in multifamily and healthcare loans for the U.S. Department of Housing and Urban Development (HUD).

The portfolio consists of 25 multi-family commercial real estate loans and one healthcare loan, ranging in size from $1.6 million to $44.3 million. The collateral is located in 14 states across the country. Investors may bid on any individual loan or on pre-determined pools of loans.

Bids will be accepted at www.debtx.com from 11:00 a.m. to 1:00 p.m. Eastern time on Wednesday, March 24, 2010. Due diligence materials are now available.

“KDX Ventures anticipates robust interest in this HUD portfolio due to pent-up demand for commercial assets in general and multifamily product in particular,” said DebtX CEO Kingsley Greenland. “HUD has an excellent reputation in the marketplace, and there is typically active bidding for product offered by the agency.”

KDX Ventures (KDX) is a joint venture between DebtX, the largest marketplace for loans, and KEMA Advisors, a boutique investment banking firm.

Qualified investors interested in the portfolio may contact Will Mercer at 617.531.3429.

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 marketplace for loans, with more than 6,000 registered and approved investors and more than 300 selling institutions, including commercial banks, insurance companies, investment banks and government-sponsored enterprises. DebtX also offers DXMark® , the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales. DXOpen® 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, Madrid 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 Historically Underutilized Business as certified 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 202-775-0518 or visit www.kemaadvisors.com.

Media Contact: Greg Berardi, Blue Marlin Partners, 415-239-7826, greg@bluemarlinpartners.com